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Palo Alto Networks Announces Offer to Purchase Relating to CyberArk Software Ltd.'s 0.00% Convertible Senior Notes due 2030
Prnewswire· 2026-02-19 21:15
Core Viewpoint - Palo Alto Networks has announced an offer to purchase CyberArk Software Ltd.'s 0.00% Convertible Senior Notes due 2030 as part of the acquisition process, which closed on February 11, 2026 [1] Group 1: Acquisition Details - The acquisition is governed by an Agreement and Plan of Merger dated July 30, 2025, involving Palo Alto Networks, CyberArk, and Athens Strategies Ltd. [1] - The Offer to Purchase is made to satisfy CyberArk's obligations related to the Notes in accordance with the Indenture dated June 10, 2025 [1] - The Effective Date of the Make-Whole Fundamental Change was February 11, 2026, coinciding with the acquisition closing [1] Group 2: Repurchase Rights - Holders of the Notes can require repurchase of their Notes at a price equal to 100% of the principal amount plus any accrued and unpaid Special Interest, with a repurchase date set for March 24, 2026 [1] - The Make-Whole Conversion Period allows holders to convert their Notes at an increased conversion rate from the Effective Date until March 20, 2026 [1] - Holders must withdraw their Notes from the tender to convert them if they choose to participate in the Offer to Purchase [1] Group 3: Company Overview - Palo Alto Networks is recognized as a global leader in AI cybersecurity, offering a comprehensive portfolio of solutions across various domains including Network, Cloud, and Security Operations [1] - The company serves over 70,000 customers and utilizes Unit 42 threat intelligence to enhance its cybersecurity platforms [1]
RE/MAX HOLDINGS, INC. REPORTS FOURTH QUARTER AND FULL YEAR 2025 RESULTS
Prnewswire· 2026-02-19 21:15
Group 1: Fourth Quarter 2025 Highlights - Total revenue decreased by 1.8% to $71.1 million compared to the fourth quarter of 2024 [1] - Revenue excluding Marketing Funds decreased by 0.4% to $53.6 million, impacted by a negative 0.4% organic revenue growth and flat foreign currency movements [1] - Net income attributable to RE/MAX Holdings, Inc. was $1.4 million, with a GAAP EPS of $0.07 [1] - Adjusted EBITDA decreased by 4.0% to $22.4 million, with an Adjusted EBITDA margin of 31.5% and an Adjusted EPS of $0.30 [1] - Total agent count increased by 1.4% to 148,660 agents, while the U.S. and Canada combined agent count decreased by 4.6% to 72,977 agents [1] Group 2: Full-Year 2025 Highlights - Total revenue decreased by 5.2% to $291.6 million compared to the full year of 2024 [1] - Revenue excluding Marketing Funds decreased by 4.3% to $218.8 million, driven by negative 3.9% organic growth and adverse foreign currency movements of 0.4% [1] - Net income attributable to RE/MAX Holdings, Inc. was $8.2 million, with a GAAP EPS of $0.40 [1] - Adjusted EBITDA decreased by 4.1% to $93.7 million, with an Adjusted EBITDA margin of 32.1% and an Adjusted EPS of $1.30 [1] Group 3: Company Strategy and Market Context - The company stated that its strategy is working and beginning to yield results despite 2025 being the third consecutive year of a historically tough housing market in the United States and Canada [1]
S&P Global Appoints Chief Strategy Officer for Mobility Global Completing New Executive Leadership Team
Prnewswire· 2026-02-19 21:15
S&P Global Appoints Chief Strategy Officer for Mobility Global Completing New Executive Leadership Team [Accessibility Statement] Skip NavigationMartin Metzker to lead Strategy, Communications and Enterprise Marketing for Mobility Global in preparation for its planned separation into a standalone public companyNEW YORK, Feb. 19, 2026 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced the appointment of Martin Metzker as Chief Strategy Officer of S&P Global Mobility ("Mobility Global"), effective immedi ...
Drilling Tools International Corp. Announces 2025 Fourth Quarter and Full Year Earnings Release and Conference Call Schedule
Prnewswire· 2026-02-19 21:15
Core Viewpoint - Drilling Tools International Corp. (DTI) is set to announce its 2025 fourth quarter and full year financial results on March 6, 2026, with a live conference call scheduled for the same day [1] Company Overview - DTI is a global oilfield services company based in Houston, Texas, specializing in the design, engineering, manufacturing, and rental of tools for horizontal and directional drilling operations [1] - The company has been operational since 1984 and has 15 service and support centers in North America, along with 11 international centers across the EMEA and APAC regions [1] Conference Call Details - The earnings conference call will take place on March 6, 2026, at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) [1] - Participants can join the call via phone by dialing 1-201-389-0869 or through a live webcast [1] - A replay of the call will be available until March 13, 2026, and can be accessed by dialing 1-201-612-7415 with the passcode 13758213 [1]
F&G Annuities & Life Reports Fourth Quarter and Full Year 2025 Results
Prnewswire· 2026-02-19 21:15
Core Insights - F&G Annuities & Life, Inc. reported a significant decline in net earnings for the fourth quarter of 2025, with net earnings attributable to common shareholders at $124 million, or $0.92 per diluted share, compared to $323 million, or $2.50 per share, in the fourth quarter of 2024 [1] Financial Performance - The company's net earnings for Q4 2025 were $124 million, reflecting a decrease of approximately 62% from the previous year's Q4 earnings of $323 million [1] - Earnings per diluted share also saw a decline from $2.50 in Q4 2024 to $0.92 in Q4 2025, indicating a substantial drop in profitability [1]
Verra Mobility to expand red-light and speed enforcement in Hawaii with 10-year contract
Prnewswire· 2026-02-19 21:15
Verra Mobility to expand red-light and speed enforcement in Hawaii with 10-year contract [Accessibility Statement] Skip NavigationData shows 76% reduction in major crashes at automated enforcement sitesMESA, Ariz., Feb. 19, 2026 /PRNewswire/ -- Verra Mobility Corporation (NASDAQ: VRRM), a leading provider of smart mobility technology solutions, is expanding its red-light and speed enforcement program with Hawaii Department of Transportation (HDOT) across the entire state, making it the first statewide autom ...
China Liberal Education Holdings Limited (CLEUF) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
Prnewswire· 2026-02-19 21:14
China Liberal Education Holdings Limited (CLEUF) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit [Accessibility Statement] Skip NavigationBENSALEM, Pa., Feb. 19, 2026 /PRNewswire/ -- [The Law Offices of Howard G. Smith] announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against China Liberal Education Holdings Limited ("CLEU" or the "Company") (OTC: [CLEUF]).IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN CHINA LIBE ...
Match Group to Present at the Morgan Stanley Technology, Media & Telecom Conference
Prnewswire· 2026-02-19 21:11
Core Viewpoint - Match Group will participate in the Morgan Stanley Technology, Media & Telecom Conference, indicating its ongoing engagement with investors and the market [1] Company Overview - Match Group is a leading provider of digital technologies aimed at facilitating meaningful connections among users [1] - The company's portfolio includes well-known brands such as Tinder®, Hinge®, Match®, Meetic®, OkCupid®, Pairs™, PlentyOfFish®, Azar®, and BLK®, catering to diverse user preferences [1] - Services are available in over 40 languages, highlighting the company's global reach [1]
White Pearl Acquisition Corp. Announces the Separate Trading of its Class A Ordinary Shares and Rights Commencing February 24, 2026
Prnewswire· 2026-02-19 21:10
Core Viewpoint - White Pearl Acquisition Corp. announced that starting February 24, 2026, holders of units from its initial public offering can separately trade Class A ordinary shares and rights, with specific trading symbols assigned for each [1]. Group 1: Trading Details - The Class A ordinary shares will trade under the symbol "WPAC" and the rights under "WPAC RT" on The New York Stock Exchange [1]. - Units that are not separated will continue to trade under the symbol "WPAC U" [1]. - Only whole rights will be traded, and no fractional rights will be issued upon the separation of units [1]. Group 2: Company Background - White Pearl Acquisition Corp. is a blank check company, also known as a special purpose acquisition company (SPAC), aimed at merging or acquiring businesses [1]. - The company intends to focus on sectors such as financial technology (FinTech), information technology (InfoTech), and business services [1]. Group 3: Regulatory Information - A registration statement related to the securities sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission on January 30, 2026 [1]. - The offering was conducted solely through a prospectus, which can be obtained from D. Boral Capital LLC or the SEC's website [1].
izzi Accelerates Strategic Fiber Broadband Expansion with Harmonic
Prnewswire· 2026-02-19 21:10
Core Insights - Harmonic's cOS virtualized broadband platform has been selected by izzi, Mexico's largest MSO, to enhance its fiber broadband expansion efforts [1] - The partnership aims to provide reliable fiber connectivity for both residential and commercial customers, setting a new standard for broadband experiences in Mexico [1] Company Developments - izzi is deploying Remote OLT technologies, including Harmonic's cOS platform and Pearl Remote Optical Line Termination (R-OLT) modules, which are designed for high power efficiency and port density [1] - The integration of third-party ONTs under Harmonic's Open ONT strategy will reduce total ownership costs and provide izzi with flexibility in selecting CPE devices [1] Operational Efficiency - Harmonic's solutions are tailored to izzi's operational needs, ensuring optimal performance and alignment with service goals [1] - The collaboration includes engineering services and supply chain support to facilitate a smooth multi-year fiber rollout while minimizing customer service disruptions [1] Market Position - Harmonic's cOS platform currently powers over 41 million CPE devices globally, showcasing its leadership in the broadband solutions market [1] - The partnership with izzi is expected to drive long-term value for subscribers and communities across Mexico, enhancing subscriber satisfaction and fostering innovation [1]