Recent Articles from Business Wire

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Centessa Pharmaceuticals plc (NasdaqGS: CNTA) to Eli Lilly and Company (NYSE: LLY). Under the terms of the proposed transaction, shareholders of Centessa will receive $38.00 in cash per share plus one non-transferrable contingent value right entitling the holder to receive up to an aggregate of $9.00 subject to the achievement of certain milestones. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Almonty Industries Inc. (“Almonty” or the “Company”) (NASDAQ: ALM) (TSX: AII) (ASX: AII) (Frankfurt: ALI1), the leading global producer of tungsten critical to U.S. defense and advanced technology industries, today announced that Lewis Black, Chairman, President and Chief Executive Officer, will take center stage at the prestigious BofA Securities Global Metals, Mining & Steel Conference on Wednesday, May 13, delivering Almonty's vision on tungsten's indispensable role in U.S. defense readiness and next-generation technology supply chains.

Liberty Tire Recycling today released its 2025 Sustainability Report along with its first public Climate Risk & Resilience Report aligned with the Task Force on Climate‑related Financial Disclosures (TCFD). Together, the reports demonstrate how Liberty’s sustainability efforts are driving circularity, measurable operational progress and supporting long‑term business performance.

Turkcell (NYSE:TKC) (BIST:TCELL):

Lincoln International, Inc. ("Lincoln International" or the "Company"), a global investment banking advisory firm, today announced that it has launched the roadshow for its initial public offering of 21,049,988 shares of its Class A common stock. The initial public offering price is currently expected to be between $18.00 and $20.00 per share. Lincoln International’s Class A common stock has been approved for listing, subject to official notice of issuance, under the ticker symbol “LCLN” on the New York Stock Exchange.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Esquire Financial Holdings, Inc. (NasdaqCM: ESQ) and Signature Bancorporation, Inc. Under the terms of the merger agreement, shareholders of Signature will receive a fixed exchange ratio of 2.63 shares of Esquire common stock for each share of Signature common stock. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Esquire shareholders.

Regulatory News:

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Trip.com Group Limited (“Trip.com” or the “Company”) (NASDAQ: TCOM) and reminds investors of the May 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Partners Capital Investment Group (“Partners Capital”), a leading global investment firm with over $75 billion in assets under management1, today announced the opening of its newest office in Abu Dhabi.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Green Dot Corporation (NYSE: GDOT) to Smith Ventures and CommerceOne Financial Corporation. Under the terms of the proposed transaction, shareholders of Green Dot will receive $8.11 in cash and 0.2215 shares of a new publicly traded bank holding company for each share of Green Dot that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

Kalos Ventures Management, LLC (Kalos), an early-stage, thesis-driven venture capital firm, today announced its oversubscribed $78.8 million inaugural fund. The fund is building a concentrated portfolio of early-stage technology companies addressing critical infrastructure needs across the workforce, care and education. The fund’s investors include ZOMA Capital, GCM Grosvenor, MassMutual, Sorenson Impact Advisory and Pivotal Ventures, a Melinda French Gates organization.

Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Barinthus Biotherapeutics plc (the “Company”) (NasdaqGM: BRNS) and Clywedog Therapeutics, Inc. Upon consummation of the transaction, Barinthus shareholders will own only 34.33% of the combined company. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Barinthus shareholders.

Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate secondary packaging and kitting automation for consumer packaged goods (CPG) lines. The application places discrete items such as sauce sachets, seasoning packets, garnish toppers, dried proteins, foil-sealed pouches, and other irregular inclusions into cups, bowls, trays, and packaging containers. The capability is not limited to edible ingredients; Chef robots can also place non-food inserts such as plastic-wrapped cutlery kits, desiccant packets, folded instruction cards, and even non-consumable items (i.e., shaving kits, accessory packs for MRE assembly).

Drummond Scientific Company ("Drummond"), a leading manufacturer of medical technology, diagnostic, and sample collection devices, today announced the acquisition of Accu-Glass, LLC (“Accu-Glass"), a St. Louis-based manufacturer of high-precision glass capillaries used in medical and diagnostic applications. The acquisition signals Drummond's broader vision to serve as a comprehensive resource for its customers by building a portfolio of complementary companies. Grounded in more than 75 years of manufacturing and automation expertise, this growth begins with a company that has spent decades setting the standard for glass capillary manufacturing.

Motive, the AI platform for physical operations, today announced the appointment of Thomas Hansen as President, Go-To-Market. In this newly created role, Thomas will lead Motive’s go-to-market organization, including sales, marketing, customer success, partnerships and revenue operations.

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

Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, today announced that it has commenced an investigation on behalf of Graphic Packaging Holding Company (“Graphic Packaging” or the “Company”) (NYSE: GPK) investors concerning the Company’s possible violations of the federal securities laws.

Today, the Society of Surgical Oncology (SSO), a global professional society for cancer surgeons, and OpenEvidence, the most widely used medical knowledge platform, announced a strategic partnership to strengthen access to the most trusted surgical oncology evidence at the point of care while building a foundation for innovative collaborations to support surgeons and all physicians taking care of patients with cancer.

Guardian, a Pacific Northwest-based multifamily owner, operator and developer, has acquired Ladd Tower, a 23-story, 332-unit residential high-rise located at 1300 S.W. Park Avenue in Portland, Oregon. The deal was completed in partnership with PCCP for $63 million.

Rogue, a high-protein snack company challenging legacy nutrition brands with bold flavor, clean ingredients, and gut-health support, announced today that it has raised $2.5 million pre-seed to accelerate its national retail expansion and digital commerce strategy. Led by Science Inc. the funding raise includes participation from Uncommon VC and Simple Food Ventures, alongside additional strategic investors.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Oddity Tech Ltd. (“Oddity” or the “Company”) (NASDAQ: ODD) and reminds investors of the May 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

CMOs are allocating an average of 15.3% of marketing budgets to AI initiatives, yet most marketing organizations lack the maturity to scale those investments, according to a survey by Gartner, Inc., a business and technology insights company. While 70% of CMOs say becoming an AI leader is a critical goal for 2026, only 30% report mature or fully developed AI readiness capabilities.

St. Jude Children’s Research Hospital® hosted more than 60 teenage patients and their guests for the 2026 St. Jude Teen Formal at the Domino’s Event Center on campus.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against monday.com Ltd. (“monday.com” or the “Company”) (NASDAQ: MNDY) and reminds investors of the May 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Northwell Health, New York’s largest health system, and Matthew Schaefer, the No. 1 overall pick in the 2025 NHL draft and one of New York hockey’s most promising young stars, announced a new relationship today to help cancer patients and their families find moments of joy while going through the most difficult journeys of their lives.

KBRA assigns preliminary ratings to 74 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2026-INV3 (SEMT 2026-INV3). The transaction consists of 1,275 mortgages with an aggregate principal balance of $507.1 million as of the May 1, 2026 cut-off date. The collateral is characterized by a weighted average (WA) original credit score of 768 and moderate borrower equity, with a WA original LTV and WA original CLTV of 70.9%.

Molina Healthcare of Michigan (“Molina”), in collaboration with The MolinaCares Accord (“MolinaCares”), announced a series of grants for libraries across the state to develop programming addressing loneliness and social isolation. The $130,000 donation to the Superiorland Library Cooperative will be distributed to 22 libraries to be used for initiatives like caregiver support, digital literacy, and wellness programming.

FIDELITONE announced the opening of a new fulfillment center in Bridgeport, New Jersey, strengthening the company’s nationwide fulfillment network and enabling brands to reach customers throughout the Northeast within one to two days using parcel ground service.

Faruqi & Faruqi, LLP, a leading national securities law firm, is investigating potential claims against Camping World Holdings, Inc. (“Camping World” or the “Company”) (NYSE: CWH) and reminds investors of the May 11, 2026 deadline to seek the role of lead plaintiff in a federal securities class action that has been filed against the Company.

Affiliates of Cantor Fitzgerald Asset Management (“CFAM”), the investment and asset management division of Cantor Fitzgerald, a leading global financial services and real estate services holding group, and RPM Living, one of the nation’s premier multifamily property management and investment companies, today announced the acquisition of Biscayne Shores from Integra Investments through a joint venture.

As widely reported and stated by several of the company’s investors, creditors will likely be taking control of Medallia, Inc. following several years of performance headwinds and the sponsor’s decision not to provide additional equity. Although this represents one of the larger term loans in the direct lending market—at nearly $3 billion—we conclude that KBRA-rated vehicles with exposure, as well as the broader direct lending market, are well positioned to absorb any potential losses.

Orthopedic Specialists of Oakland County (OSOC) announced today that Dr. Safa S. Kassab has become the first surgeon in the United States to perform a total knee replacement using Pixee Medical's Knee+ NexSight augmented reality (AR) glasses — a wearable heads-up display that delivers real-time surgical guidance directly into the surgeon's field of vision inside the operating room.

Prime Healthcare announced that it has completed the acquisition of Franciscan Health Olympia Fields, following unanimous approval from the Illinois Health Facilities and Services Review Board and strong praise from board members, elected officials, and community representatives for Prime’s commitment to preserving and strengthening healthcare in Illinois through investment, service-line expansions, and commitment to patient-centered, quality care.

TruVideo, the leading provider of AI-powered video and messaging communication technology for the transportation industry, has expanded its video intelligence engine into the aviation market and insurance industry.

UWMC (NYSE: UWMC) announced that Mat Ishbia, as controlling owner of SFS Holdings Corp., has terminated its Rule 10b5-1 trading plan. The trading plan was part of strategy implemented in 2025 in response to investor feedback requesting increased public float and trading liquidity.

Walton Global, a leading real estate investment, land banking and land asset management company, announces it has surpassed the significant milestone of $3 billion distributed to investors. Walton has a strong history of respecting and honoring their investment partners. Walton has consistently delivered for its investment partners, with a clear acceleration in performance: over the company’s 47-year history, the first $1 billion was distributed over 33 years (1979–2012), the second in just 9 years (2013–2021), and the third in only 5 years (2022–2026).

FriendliAI, The Frontier AI Inference Cloud, today announced the opening of its new San Francisco office at 20 Hawthorne Street, occupying 7,000 square feet in the historic Crown Point Press building, around the corner from the San Francisco Museum of Modern Art. The expansion places FriendliAI at the heart of the Bay Area AI ecosystem and closer to the customers, partners, and developers building the next generation of AI applications.

Everspring today released the 2026 AI Search Trends: Brand (In)Visibility Brief, the latest installment in its ongoing research into how AI is transforming student discovery. The findings point to a measurable shift: as students move away from searching by university name and toward outcome-driven questions, traditional brand-driven discovery is weakening.

Haypp Group, the parent company of Nicokick.com and Northerner.com, today announced the resumption of operations in Alabama, expanding access for adult nicotine consumers in the state. The move supports the company’s continued U.S. growth and reinforces Nicokick’s position as the leading online retailer of nicotine pouches in the U.S.

Cartridge Technologies, LLC (“CTI”) today announced the acquisition of Data Conversion Laboratory, LLC ("DCL"), a provider of structured data and content transformation services. The acquisition accelerates CTI's strategy to build a comprehensive platform across the data and information management lifecycle.

U.S. Sugar today announced the launch of the largest commercial use of autonomous tractors in the American sugar industry, deploying a fleet of unmanned John Deere tractors within its 255,000 acres of farmland in South Florida. The autonomous fleet is fitted with American technology developed by Autonomous Solutions, Inc. (ASI) and secured with support from Florida John Deere distributor Everglades Equipment Group.

Trisk Bio Ltd, a UK-based AAV contract development and manufacturing organisation (CDMO), and NanoMosaic, Inc., a leader in advanced analytical technologies for cell and gene therapy, today announced a partnership to embed the Tessie analytics platform across Trisk's AAV process development, quality control, and release testing workflows.

AM Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of ALPS Property & Casualty Insurance Company (ALPS) (Missoula, MT) remain unchanged following the May 6, 2026, announcement that ALPS has entered into a definitive agreement to acquire the Ohio Bar Liability Insurance Company (OBLIC), a leading provider of professional liability insurance for attorneys in Ohio.

Porter Airlines continues to grow its Toronto network with new service between Billy Bishop Toronto City Airport (YTZ) and Nashville International Airport (BNA), as well as reintroducing service from Toronto Pearson International Airport (YYZ) to Québec City Jean Lesage International Airport (YQB).

Amsterdam & Partners LLP, international counsel to the founder of fintech platform Solfy Uzbekistan, today issued a warning to prospective international investors regarding the conduct of the National Bank for Foreign Economic Activity of Uzbekistan (“NBU”), amid Uzbekistan’s upcoming initial public offering of the National Investment Fund of the Republic of Uzbekistan (UzNIF) on the London Stock Exchange later this month.

Tapestry, Inc. (NYSE: TPR), a global house of iconic brands consisting of Coach and kate spade new york, has been awarded a U.S. patent for Mira, a proprietary AI platform designed to connect data across all areas of the company to enable rapid, enterprise-wide decision-making. The patent includes the core system architecture and marks Tapestry's first AI patent and second technology patent overall.

AM Best has commented that the Credit Ratings (ratings) of Ohio Bar Liability Insurance Company (OBLIC) (Columbus, OH) remain unchanged following the announcement that The Ohio State Bar Association (OSBA) and ALPS Property & Casualty Insurance Company (ALPS) have entered into a definitive agreement under which ALPS will acquire OBLIC, a leading provider of professional liability insurance for attorneys in Ohio.

Globally, over 90% of sustainability leaders say their companies continue to execute on their sustainability strategies yet fewer believe they are meeting or exceeding expectations than in 2025, according to a new “Sustainable Signals” report by the Morgan Stanley Institute for Sustainable Investing. Nearly half (47%) now see room for improvement on progress — up more than 10 points from the 2025 and 2024 surveys. The survey polled 300 sustainability decision-makers at private and public companies across North America, Europe and Asia Pacific between March and April 2026 to understand how sustainability factors into their business and where they see the greatest opportunities and challenges.

UKG, a leading global AI platform unifying HR, pay, and workforce management, today introduced UKG® Pro Pay with Workforce AI, delivering high impact, AI-powered payroll capabilities designed to enable organizations detect, analyze, and resolve potential issues in real time — helping to ensure employees, especially those in frontline and hourly roles, are paid accurately and on time. Pro Pay with Workforce AI utilizes agentic, assistive, and generative AI, along with advanced automation, to elevate pay from a back-office process to a system of action with human oversight to help identify and correct errors, orchestrate workflows, and guide issue resolution across the payroll lifecycle.

MileCell Biotechnology (“MileCell”) today announced the launch of its newly redesigned website www.milecell-bio.com, delivering an enhanced digital experience for researchers and industry partners worldwide. The company also announced the appointments of Nianwei Lin, PhD, Chief Executive Officer and Wayne Vaz, Chief Commercial Officer.

Nacha announced that Trustmi has become a Nacha Preferred Partner for Risk and Fraud Prevention, Fraud Monitoring, and Account Validation.

In a move to strengthen long-term manufacturing productivity, U.S. government officials asked the robotics industry to organize and deliver a unified plan to mobilize automation across America. On May 8th, industry leaders did exactly that. Robots for America (RFA) launched as a national industry coalition at the SCSP AI+ Expo in Washington, D.C., bringing together founding members and key stakeholders to release a coordinated policy platform.

For about 1 in 7 payments, consumers still pay with cash despite the growing proliferation of digital payment options, according to the 2026 Diary of Consumer Payment Choice (Diary), the annual survey from Federal Reserve Financial Services measuring the evolving role of cash in the U.S. economy.

Ciridae, the AI transformation firm building operating systems for real economy businesses, today announced it has raised $20 million in seed funding led by Accel, with participation from Andreessen Horowitz, General Catalyst, Sunflower Capital, and Backcountry Ventures. Founded by CEO Jack Soslow, former partner at Andreessen Horowitz and data scientist at Meta, and CTO Jack Weissenberger, former engineering team leader at Salesforce and Head of ML at Teneyx, Ciridae will use the new capital to expand its engineering team and further its mission of bringing AI transformation to real economy businesses.

Middlesex Orthopedic & Spine Associates (MOSA) today announced it is the first in New England to offer an advanced thumb joint replacement procedure using the TOUCH® CMC 1 prosthesis for patients with arthritis, expanding access to a new surgical approach to reduce pain, restore function, and support faster recovery.

Healthcare organizations are embedding advanced AI capabilities into core operations to increase efficiency, reduce administrative burdens and enhance care delivery, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a global AI-centered technology research and advisory firm.

CITEL, a global leader in surge protection, proudly announces the release of the DAC® US Series, a new line of high‑performance Surge Protective Devices (SPDs) designed for the US market. The series includes the DAC100US, the first DIN Rail SPD rated up to 100kA Imax, as well as the DAC80US, which supports up to 80kA Imax.

Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, announced today that Eric Crowley has joined as a Managing Director in the firm’s Global Technology Group. Based in San Francisco, Mr. Crowley will focus on consumer subscription software, consumer technology and ad-tech sectors for the firm.

OMRON Corporation (Headquartered in Kyoto, Japan; President and CEO: Junta Tsujinaga) is scheduled to spin off its Device and Module Solutions Company (DMB) on July 1 and launch Aratas Corporation (Aratas). To mark the spin-off, DMB has introduced a new brand logo for Aratas.

Werner Enterprises, Inc. (Nasdaq: WERN), a premier transportation and logistics provider, is proud to announce it has earned the prestigious VETS Indexes 5 Star Employer designation for the third consecutive year. This recognition, part of the 2026 VETS Indexes Employer Awards, highlights Werner’s strong commitment to the military-connected community through intentional recruiting, development and retention.

SiLC Technologies, Inc. (SiLC) today announced Eyeonic® Vista (Vista), an ultra-long-range, high-resolution 4D vision system. Vista introduces a new benchmark in long-range sensing, combining precision, robustness, and intelligent target analysis in a compact, ruggedized platform. The new 8-channel system leverages dynamic Region of Interest (ROI) scaling to enhance resolution, enabling the identification and tracking of small targets with unprecedented clarity and responsiveness at distances exceeding 1 km.

The strain of rising prices and pressures unique to military life – frequent moves, costs of living near military installations, and spouse unemployment - are creating pressure points that impact the financial readiness of military families, according to The USAA Educational Foundation’s inaugural State of Personal Finance in the Military Community Report.

LTM, the Business Creativity partner to the world’s largest enterprises, today announced the launch of the LTM Business Orchestration Platform, an AI-powered offering designed to enable enterprises to move from fragmented decision-making to real-time, intelligent operations across SAP and the wider enterprise landscape. LTM BlueVerse™ serves as the marketplace layer for scalable onboarding of SAP‑focused agents within the platform.

Storyflight Labs, a public benefit corporation supporting people with speech-limiting disabilities and conditions, has named Hannah Mormer as Vice President of Business Development.

Citizens was named to Newsweek’s America’s Most Charitable Companies 2026 list, ranking 15th out of 300 U.S. companies and earning distinction as the highest-ranked New England-based organization. The award, presented in collaboration with Statista, highlights leadership in corporate philanthropy, employee volunteerism, and sustained community investment.

Stensul, the Governed Creation™ platform for enterprise marketing teams, today announced the appointment of Manlio Carrelli as Chief Executive Officer, effective immediately. Carrelli succeeds Noah Dinkin, Stensul's founder, who is stepping down from the CEO role after more than a decade leading the company he founded and built into the leading platform for Governed Creation™ for enterprise marketing.

The League of Oregon Cities (LOC) and Syncurrent, a government technology company, today announced a partnership to reduce the time it takes for local communities to identify, qualify, and apply for federal and state funding opportunities. Through this integration, LOC members will gain access to Syncurrent’s AI-powered platform, streamlining grant discovery and application workflows and enabling municipalities to navigate complex funding landscapes with greater speed and precision.

FedEx Corp. (NYSE: FDX, “FedEx”) today announced that the U.S. Securities and Exchange Commission (the “SEC”) declared effective the Registration Statement on Form 10 (“Form 10”) filed by FedEx Freight Holding Company, Inc. (“FedEx Freight”) in connection with the previously announced separation of FedEx Freight from FedEx into a new, publicly traded company.

Travel + Leisure Co. (NYSE:TNL) (the “Company”) announced today that it has launched a private offering (the “Offering”) of $900 million aggregate principal amount of senior secured notes due 2031 (the “Notes”), subject to customary and market conditions.

Prudential Financial, Inc. (NYSE: PRU) released today its annual Benefits & Beyond study, showing how economic uncertainty and rising medical costs are exacerbating financial stress and placing added strain on employees’ mental health.

CoreWeave, Inc. (Nasdaq: CRWV), The Essential Cloud for AI™, today announced it has achieved the strongest combination of speed and price-performance1 for Moonshot AI’s Kimi K2.6 in independent inference benchmarking conducted by Artificial Analysis. Across 11 inference providers evaluated on the current top open-source model, CoreWeave simultaneously delivered the highest output speed at the most cost-efficient performance level measured.

At one of golf’s most storied majors, T-Mobile is making sure fans don’t miss a second of the action. At the 2026 PGA Championship at Aronimink Golf Club in Newtown Square, PA, T-Mobile (NASDAQ: TMUS) is making the PGA Championship a more connected, immersive experience — giving every fan a way in, whether they're on the course, or following from home. With exclusive on-site experiences at Club Magenta, 5G enhancing CBS Sports' live coverage, smarter operations running the tournament behind the scenes and real-time highlights and navigation tools in the PGA Championships app, the best seat in the house is available for everyone.

Kingston Digital, Inc., the Flash memory affiliate of Kingston Technology Company, Inc., a world leader in memory products and technology solutions, today announced it has shipped more than 100 million units of the Kingston A400 SATA solid-state drive. Launched in 2017, the Kingston A400 quickly gained recognition for its impressive performance in terms of booting, loading, and transferring data when compared to traditional hard drives1.

Miach Orthopaedics, Inc., a company transforming the treatment of anterior cruciate ligament (ACL) tears from reconstruction to restoration with the Bridge-Enhanced ACL Restoration (BEAR®) Implant, today announced Jamal Rushdy has been selected as the company’s next president and CEO. Patrick McBrayer is stepping down from the role following a planned leadership transition conducted in partnership with the board of directors. McBrayer will remain president and CEO until Rushdy assumes the role on May 18.

SiTime Corporation (Nasdaq: SITM) (“SiTime” or the “Company”), the Precision Timing company, today announced that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (“HSR Act”), expired at 11:59 p.m. Eastern Time on May 8, 2026, in connection with its pending acquisition of certain assets from Renesas Electronics America Inc., a subsidiary of Renesas Electronics Corporation (TSE: 6723) (“Renesas”), pursuant to the previously announced Asset Purchase Agreement dated February 4, 2026. The expiration of the HSR Act waiting period satisfies a key condition to closing the acquisition (the “Closing”). Completion of the acquisition remains subject to the satisfaction or waiver of other customary closing conditions.