Recent Articles from Business Wire

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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Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Katapult Holdings, Inc. (NASDAQ: KPLT) with The Aaron’s Company, Inc. and CCF Holdings LLC is fair to Katapult shareholders.

The "Vehicle Subscription Market Report: Trends, Forecast and Competitive Analysis to 2031" has been added to ResearchAndMarkets.com's offering.

Lithium Royalty Corp. (TSX: LIRC) (“LRC”) congratulates Power Metals Corp. (“Power Metals”) on the cesium concentrate offtake agreement that it announced today with Albemarle Corporation1. Albemarle Corporation (NYSE: ALB) is a US$16 billion company and one of the leading critical mineral companies in the world with a leading position in lithium and cesium. LRC holds a 2.0% GOR royalty on Power Metals’ Case Lake project.

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AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B (Fair) and the Long-Term Issuer Credit Rating of “bb” (Fair) of National Security Insurance Company (NSIC) (Elba, AL). The outlook assigned to these Credit Ratings (ratings) is negative.

Modivcare Inc. (the “Company” or “Modivcare”) (OTCMKTS: MODVQ), a technology-enabled healthcare services company providing a platform of integrated supportive care solutions focused on improving health outcomes, announced today that the U.S. Bankruptcy Court for the Southern District of Texas has confirmed the Company’s Plan of Reorganization (the “Plan”). This milestone clears the path for Modivcare to successfully emerge from Chapter 11 in the coming weeks with significantly less debt, additional liquidity and a stronger capital structure for future growth.

KBRA is pleased to announce the assignment of preliminary ratings to 13 classes of BMO 2025-5C13, a $551.8 million CMBS conduit transaction collateralized by 29 commercial mortgage loans secured by 36 properties. The collateral properties are located throughout 14 MSAs, of which the three largest are New York (33.1% of pool balance), Las Vegas (12.3%), and Los Angeles (7.9%). The pool has exposure to all major property types, with four types representing more than 10.0% of the pool balance: multifamily (35.2%), retail (27.0%), office (17.4%), and lodging (12.2%). The loans have in-trust principal balances ranging from $2.7 million to $54.0 million for the largest loan in the pool, The Rockwell (9.8%), a 114-unit, mid-rise multifamily complex located in New Rochelle, New York, approximately 19 miles northeast of Midtown Manhattan. The five largest loans, which also include Boise Towne Square (9.8%), The Garrison (9.1%), 350 S Beverly & 400 S Beverly (7.9%), and CityCenter (Aria & Vdara) (7.2%), represent 43.8% of the initial pool balance, while the top 10 loans represent 67.0%.

Joyce University of Nursing and Health Sciences has been named one of Utah Business’ Best Companies to Work For 2025, marking the third consecutive year the university has earned the distinction.

A Dallas County jury has returned a $44.1 million verdict against a Missouri-based trucking company and one of its drivers for liability in a fatal accident that occurred on Feb. 11, 2021, during the height of a catastrophic ice storm affecting the entire state.

The "Vocal Biomarker Market Report: Trends, Forecast and Competitive Analysis to 2031" has been added to ResearchAndMarkets.com's offering.

Law Offices of Howard G. Smith announces an investigation on behalf of Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) investors concerning the Company’s possible violations of federal securities laws.

The "Inventory Management Software Market Report: Trends, Forecast and Competitive Analysis to 2031" has been added to ResearchAndMarkets.com's offering.

Law Offices of Howard G. Smith announces an investigation on behalf of Integer Holdings Corporation (“Integer” or the “Company”) (NYSE: ITGR) investors concerning the Company’s possible violations of federal securities laws.

BitGo Holdings, Inc. (“BitGo”), the digital asset infrastructure company, today announced that the Office of the Comptroller of the Currency (“OCC”) approved its application to convert BitGo Trust Company, Inc., a South Dakota-chartered trust company, to a national bank named BitGo Bank & Trust, National Association (N.A.). With today’s OCC approval of its conversion, BitGo’s Trust Company subsidiary is now operating as BitGo Bank & Trust, National Association (N.A.).

Anova Enterprises, Inc. (Anova), a technology-enabled CRO dedicated to improving the conduct of clinical trials, has today announced the launch of its new AI-enabled patient matching solution as part of a global just-in-time research network and clinical trial infrastructure. The solution matches patients to open and accruing clinical trials and promising investigational products for compassionate use. The platform, available at no cost to participating research sites, accelerates trial enrollment by using AI and proprietary algorithms to identify patients who meet eligibility criteria with a high degree of certainty - matching demographic, molecular, and clinical history data to structured elgibility criteria from across 200,000+ open and accruing clinical trials.

UKG Inc., a leading global AI platform unifying HR, pay, and workforce management, has entered into a definitive agreement to acquire Inova Payroll, a U.S.-based human capital management (HCM) and payroll services provider for small and mid-sized businesses (SMBs). The acquisition, which is subject to customary closing conditions, will enable UKG to directly provide the SMB market segment with innovative outsourced HR support and full benefits brokerage services.

As 2025 draws to a close, Elevance Health highlights how today’s health plans are evolving to better support their members in a broader range of situations that affect health, including cancer diagnoses, mental health crises, and unexpected health concerns during pregnancy. From employer-sponsored health insurance to government-sponsored programs, health plans are evolving to better support their members in a broader range of situations that affect health. In partnership with care providers, health plans strive to simplify the healthcare experience, personalize care, improve quality, and work with community organizations to improve health outcomes.

Mason Capital Management LLC (“Mason”), a significant, long-standing investor in Ascent Resources, LLC (“Ascent” or the “Company”), today announced that it has sent a letter to the Board of Managers of Ascent (the “Board”) regarding what it believes is a fundamentally flawed sale process, pursuant to which the Company’s controlling sponsor, The Energy & Minerals Group LP (“EMG”) intends to transfer its interests in Ascent into a newly formed continuation vehicle and repurchase interests from both the legacy fund’s limited partners and other Company unitholders at an implied present-value price of approximately $23.87 per share.

The Law Offices of Frank R. Cruz announces an investigation of Integer Holdings Corporation (“Integer” or the “Company”) (NYSE: ITGR) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Hagens Berman has filed a class-action lawsuit against Ford Motor Company on behalf of Ford dealerships, alleging the automaker underpaid warranty reimbursement claims for parts and repairs — including high-cost electric vehicle (EV) batteries — in violation of New York’s Franchised Motor Vehicle Dealer Act (NYDA).

The Law Offices of Frank R. Cruz announces an investigation of Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) on behalf of investors concerning the Company’s possible violations of federal securities laws.

Focus Financial Partners (“Focus”), a leading fiduciary advice company, comprising independent wealth management, multi-family office, and business management services, today announced that Adam Birenbaum has been named the Company’s incoming Chief Executive Officer as well as a member of its Board of Directors, effective February 1, 2026. He will succeed Michael Nathanson, who will transition into the role of Chairman and continue to serve on the Board of Directors. This change implements a succession plan designed by Mr. Nathanson in consultation with the Board as part of the company’s long-term growth and leadership strategy.

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