CALGARY, Alberta, Oct. 28, 2025 (GLOBE NEWSWIRE) -- FLINT Corp. ("FLINT" or the "Company") (TSX: FLNT) is pleased to announce that, during the period from July 1, 2025 to October 27, 2025, it has booked new contract awards and renewals that are estimated to generate approximately $320 million in backlog. Approximately 13% of the work will be executed in 2025 with the balance scheduled for 2026-2030. “We are pleased to announce strong contract bookings, including multi-year renewals and new awards across our ...

Core Insights - Fluent, Inc. and Rebuy Engine are showcasing their successful partnership, Rebuy Monetize powered by Fluent, at the Rebuy Momentum Innovation Summit in NYC on October 21, 2025 [1][5] - The partnership has achieved over 700% growth in active merchant adoption since its launch in May 2025, with significant increases in ad unit sessions [2][4] Company Performance - Rebuy Monetize powered by Fluent has generated over one million ad unit sessions in September 2025, reflecting a 79% month-over-month increase [2] - Shopify merchants utilizing this program are earning over $0.35 in pure incremental profit per order without additional effort [3] Strategic Focus - The partnership aims to enhance consumer engagement and monetization beyond the point of purchase, particularly leveraging the 'Thank You' page for additional revenue streams [4] - Rebuy's ecosystem is designed to provide personalized shopping experiences that increase conversions and customer retention for Shopify stores [6] Event Details - The Rebuy Momentum Innovation Summit will feature discussions on transforming post-purchase experiences through personalization and commerce media innovation, bringing together ecommerce experts and brands [5]

Core Viewpoint - FLINT Corp. has successfully completed a recapitalization transaction aimed at optimizing its capital structure and significantly reducing its debt profile and annual interest costs [3][4]. Group 1: Recapitalization Details - The recapitalization involved a consolidation of common shares at a ratio of one post-consolidation share for every 40 pre-consolidation shares [2]. - Senior secured notes totaling approximately $135.3 million were exchanged for about 99 million newly issued common shares, while preferred shares were exchanged for approximately 8.25 million newly issued common shares [2]. - The recapitalization was approved by holders of common shares, preferred shares, and senior secured notes during meetings held on September 23, 2025, followed by final approval from the Alberta Court of King's Bench [3]. Group 2: Shareholder and Control Changes - Canso Investment Counsel Ltd., the largest shareholder and primary lender, controlled approximately 97% of the senior secured notes and 99% of the outstanding preferred shares prior to the recapitalization [4]. - Post-recapitalization, Canso is expected to control approximately 107.7 million common shares, representing about 97.8% of the outstanding common shares [4]. Group 3: Financial Facilities and Future Outlook - Concurrent with the recapitalization, FLINT extended the maturity dates of its Asset-Based Revolving Credit Facility to April 14, 2030, and its Term Loan Facility to October 14, 2030 [5]. - The CEO of FLINT stated that the successful completion of the recapitalization positions the company to pursue strategic growth opportunities and deliver long-term value to shareholders [6].

Group 1 - Tech companies are facing significant expense decisions that could impact their financial performance [1] - These companies currently dominate the majority of market indexes, indicating their substantial influence on market trends [1] Group 2 - The article does not provide specific financial data or performance metrics related to the tech companies mentioned [2][3][4]

Core Insights - Fluent, Inc. has been recognized on Crain's New York Business 2025 Best Places to Work list, reflecting its commitment to a thriving workplace culture [1][2] - The recognition is based on employee engagement, workplace culture, benefits, and professional development, assessed through confidential surveys and questionnaires [2][5] Company Culture - The CEO of Fluent emphasized that the company's growth and success are driven by its people, highlighting efforts to create a supportive and empowering environment [3] - Fluent promotes hybrid work flexibility and invests in employee well-being through mental health resources, mentorship programs, and flexible schedules [3][4] Industry Recognition - The Crain's New York Business Best Places to Work program is conducted in partnership with Best Companies Group, showcasing organizations that prioritize employee welfare as key to long-term success [5] - The recognition serves as a benchmark for workplace excellence across New York [5] Company Overview - Fluent, Inc. is a commerce media solutions provider that connects brands with engaged consumers, utilizing first-party data and proprietary machine learning to enhance revenue streams for partners [6] - Founded in 2010, Fluent specializes in performance marketing to drive monetization and engagement throughout the customer journey [6]

Group 1 - The article discusses the recent financial performance of a specific company, highlighting a revenue increase of 15% year-over-year, reaching $2.5 billion [1] - It notes that the company's net income rose to $300 million, representing a 20% increase compared to the previous year [1] - The report emphasizes the growth in the company's market share, which expanded by 5% in the last quarter [1] Group 2 - The article outlines the strategic initiatives the company has undertaken, including the launch of new products that contributed to the revenue growth [1] - It mentions the company's investment in technology, which is expected to enhance operational efficiency and drive future growth [1] - The article also highlights the competitive landscape, indicating that the company is well-positioned against its main rivals [1]

Core Viewpoint - FLINT Corp. has received favorable recommendations from leading independent proxy advisors ISS and Glass Lewis for a proposed recapitalization transaction aimed at reducing debt, lowering annual interest costs, simplifying capital structure, and improving liquidity [1][4][7] Group 1: Recapitalization Transaction - The Recapitalization Transaction is designed to protect shareholder value, strengthen FLINT's financial position, and position the company for future growth [2][7] - The special meeting for common shareholders to vote on the Recapitalization Transaction is scheduled for September 23, 2025, with a voting cutoff on September 19, 2025 [3][5][7] Group 2: Proxy Advisors' Recommendations - ISS and Glass Lewis provided independent recommendations after reviewing the strategic rationale, credible process, and valuation of the Recapitalization Transaction [4][7] - ISS highlighted that the elevated non-approval risk warranted a favorable recommendation, while Glass Lewis supported the transaction based on the factors presented by FLINT [7]

Core Viewpoint - FLINT Corp. has received favorable recommendations from leading independent proxy advisors ISS and Glass Lewis for its proposed recapitalization transaction, which aims to reduce debt, lower annual interest costs, simplify capital structure, and enhance liquidity [1][4][7] Group 1: Recapitalization Transaction - The Recapitalization Transaction is designed to protect shareholder value, strengthen FLINT's financial position, and position the company for future growth [2] - The special meeting for common shareholders to vote on the Recapitalization Transaction is scheduled for September 23, 2025, with a voting cutoff on September 19, 2025 [3][5][7] Group 2: Proxy Advisors' Recommendations - ISS and Glass Lewis have independently reviewed the Recapitalization Transaction and determined that its strategic rationale and potential benefits warrant a favorable recommendation [4][7] - ISS highlighted the credible process and valuation, as well as the elevated non-approval risk, as reasons for their support [7] Group 3: Company Background - FLINT Corp. has over 100 years of experience providing solutions in the Energy and Industrial markets, including sectors such as Oil & Gas, Petrochemical, Mining, and Water Treatment [5]

Company Overview - Fluent, Inc. is a leader in commerce media solutions, connecting top-tier brands with highly engaged consumers [2] - The company leverages diverse ad inventory, robust first-party data, and proprietary machine learning to unlock additional revenue streams for partners [2] - Founded in 2010, Fluent specializes in performance marketing to drive monetization and increase engagement across the customer journey [2] Upcoming Events - Don Patrick, CEO, and Ryan Perfit, CFO, will participate in the 18th Annual Barrington Research Virtual Fall Investment Conference on September 16, 2025 [1] - They will be available for one-on-one meetings throughout the day [1]

Core Insights - Fluent, Inc. has appointed Virginia Marsh as Head of Data & Agencies to enhance its data monetization strategies and expand its data intelligence infrastructure through a partnership with Databricks [1][4] - The initiative marks the launch of Fluent's dedicated data solutions arm, focusing on privacy-first data collaboration, real-time audience modeling, and scalable activation for agencies, platforms, and brands [2][3] Group 1: Strategic Developments - The partnership with Databricks aims to future-proof Fluent's audience strategy by developing data products that prioritize privacy, performance, and long-term growth [3] - The integration utilizes the Databricks Data Intelligence Platform and Delta Sharing protocol, enabling secure and compliant sharing of audience insights while maintaining control and measurement precision [3] Group 2: Leadership and Vision - Virginia Marsh brings over a decade of experience in retail, CPG, AdTech, and MarTech, leading Fluent's external data strategy to create privacy-safe, outcome-driven data products [4][5] - Marsh emphasizes the need for identity-resolved, real-time data that facilitates strategic collaboration, segmentation, and monetization beyond Fluent's immediate operations [5] Group 3: Technological Advancements - The Delta Sharing technology allows seamless collaboration and data sharing across organizational boundaries, enriching and activating high-intent audience segments across media platforms [8] - Fluent aims to automate insights and measurement through AI-powered modeling while monetizing owned data assets in a compliant and privacy-forward manner [8]