S&P 500 Consumer Discretionary Sector SEC Filings — May 20, 2026

20-05-2026

ChoiceOne Financial Services, Inc. held its 39th Annual Shareholder Meeting on May 20, 2026, presenting financial results and strategic updates. The company reported total assets of $4.4B, deposits of $3.7B, and gross loans of $3.0B as of March 31, 2026. Adjusted net income grew to $28.2M in 2025 from $26.7M in 2024, while adjusted basic EPS rose to $3.70 from $3.40. However, Q1 2026 adjusted net income dropped sharply to $1.0M, and adjusted basic EPS fell to $0.91, reflecting a significant decline from the prior year.

• · The company has 54 locations throughout Michigan.
• · Community donations exceeded $604,000 and volunteer hours exceeded 8,000 as of December 31, 2025.
• · The merger with Fentura Financial Inc. added $1.8B in assets, $1.4B in loans, $1.4B in deposits, and $193M in equity in 2025.
• · Cash dividends per share increased steadily from $0.94 in 2021 to $1.13 in 2025, with a dividend yield of 3.8% as of December 31, 2025.
• · The company's mobile app has a 4.7-star rating on the Apple App Store.
• · ChoiceOne was recognized as SBA Michigan 504 Third Party Lender of the Year for fiscal year 2023 and received the MBA Innovator of the Year award in 2025.

20-05-2026

OPAL Fuels Inc. subsidiary OPAL Fuels LLC amended its Series A-1 Preferred Units certificate on May 18, 2026, increasing the annual dividend rate from 8% to 12% and restructuring payment-in-kind options to cap in-kind payments at 2% per annum with the remaining 10% payable in cash. The amendment also revised change-of-control definitions, replaced event-of-default provisions with a trigger event framework that adds a penalty rate of up to 4% per annum, and removed delayed redemption conversion rights. While the higher dividend rate and cash payment requirement may pressure near-term cash flows, the enhanced protective provisions and penalty mechanisms could provide stronger investor protections.

• · The A&R COD does not provide Series A-1 holders with board appointment rights, unlike Series A holders.
• · Mandatory redemption can be requested upon a Change of Control, an uncured Trigger Event (60-day cure period), or on or after the 5th anniversary of March 6, 2026.
• · Delayed redemption conversion rights were removed; unredeemed units remain outstanding with all rights and preferences, including Trigger Event and penalty rate provisions.
• · Holders have no preemption or conversion rights under the A&R COD.
• · New 'Triggered Protective Provisions' become effective 30 days after a failed mandatory redemption, imposing restrictions on equity issuance, indebtedness, liens, tax distributions, asset dispositions, and discretionary capex.
• · Refinancing of the Intermediate Loan requires Requisite Holders consent for certain actions relating to Paragon JV if the applicable credit rating is below B+ (or equivalent).

20-05-2026

Expeditors International provided a business update via Q&A, noting that the Middle East conflict has had a relatively minimal direct impact, with the greatest effect in the air market from higher jet fuel prices and tightened capacity. However, the company sees no sign of recovery in the ocean market due to ongoing global capacity-demand imbalance, and while customs refund activity (IEEPA) started in late April, it has been minimal so far but is expected to lead to a significant increase in customs work. The company also highlighted that hyperscaler volumes remain strong with AI data center construction expected to peak by the end of the decade, and it continues to focus on productivity gains and technology investments to de-couple headcount growth from revenue growth.

• · The company has re-routed ocean cargo where possible and passed through fuel increases at cost, with no impact on profitability per-container.
• · Customs and other business (import services, Transcon ground transportation, warehousing and distribution) all grew at double-digits during the first quarter.
• · The company may use temporary workers for customs work not expected to continue in perpetuity.
• · Hyperscaler volumes are holding strong with continued increases from new servers and replacement of aging servers.
• · Capital allocation priorities remain: invest in organic growth, return excess cash via dividends and share repurchases.

20-05-2026

Flex Ltd. reported net sales of $27,914M for fiscal year 2026, an 8.1% increase from $25,813M in fiscal 2025, driven by strong growth in Cloud and Power Infrastructure (+37.8%). However, the Integrated Technology Solutions segment declined 2.0% and Regulated Manufacturing Solutions grew only 5.3%. Net income attributable to Flex Ltd. rose to $880M from $838M, a 5.0% increase, while diluted EPS improved to $2.33 from $2.11. Free cash flow decreased slightly to $1,060M from $1,082M, and the effective tax rate increased to 23.0% from 18.1%.

• · Net sales by region: Americas $13,820M (50% of total), Asia $8,401M (30%), Europe $5,693M (20%).
• · Net sales by country: Mexico $6,994M (25%), U.S. $5,186M (19%), China $4,494M (16%), Malaysia $2,967M (11%), Brazil $1,558M (6%), Hungary $1,327M (5%), Other $5,388M (18%).
• · Total contractual obligations as of March 31, 2026: $5,755M, with $672M due within 1 year.
• · Bank borrowings and long-term debt total $3,768M, with no current portion due within 1 year.
• · Accounts receivable increased to $4,679M from $3,671M, and inventories rose to $5,845M from $5,071M.
• · Accounts payable increased significantly to $8,055M from $5,147M.
• · Operating income grew to $1,368M from $1,169M, a 17.0% increase.
• · Restructuring charges totaled $59M in FY2026 vs $70M in FY2025.
• · Weighted-average basic shares outstanding decreased to 371M from 391M, reflecting share repurchases.
• · Net income from continuing operations was $880M in FY2026 vs $838M in FY2025, while in FY2024 it was $872M (excluding discontinued operations).

20-05-2026

Renewal Fuels, Inc. (RNWF) reported a net loss of $669,750 for Q1 2026, a significant increase from the $100,000 loss in Q1 2025, driven by a surge in operating expenses to $632,583 from $100,000. Cash and cash equivalents rose sharply to $99,594 from $2,525 at year-end 2025, primarily due to $513,000 in proceeds from prepaid warrants. However, the company remains deeply insolvent with a stockholders' deficit of $1,110,070 and total liabilities of $1,209,664 exceeding total assets of $99,594.

• · Operating expenses surged to $632,583 in Q1 2026 from $100,000 in Q1 2025, driven by $390,104 in professional fees and $190,932 in advertisement and marketing expenses.
• · Cash provided by financing activities was $513,000 from prepaid warrants, while cash used in operating activities was $415,931.
• · Notes payable to related parties increased to $491,186 from $473,523, with the largest being the CMB Communications June 2023 Note at $157,026.
• · Litigation liability rose slightly to $682,381 from $671,377.
• · The company has a net operating loss carryforward of $20,825,433, fully offset by a valuation allowance, resulting in no deferred tax asset.
• · Common stock issuable of $240,000 was recorded at March 31, 2026, compared to $0 at December 31, 2025.
• · Additional paid-in capital decreased sharply to $5,284,199 from $16,216,112, reflecting stock-based compensation and warrant issuances.

20-05-2026

V F Corp reported Q4 FY26 revenue of +1% YoY (or +3% C$ ex-Dickies), ahead of guidance of flat to +2% C$, driven by strong Americas growth (+10% C$ ex-Dickies). Adjusted operating income of $54M exceeded guidance of $10M-$30M, while gross margin expanded 240bps to 56.4%. However, Vans brand revenue declined 1% (or -5% C$) and EMEA region revenue fell 5% C$ ex-Dickies. Full-year FY26 revenue grew 1% YoY, with adjusted operating margin up 110bps to 7.0% ex-Dickies, and net debt reduced 16% to $4.2B, bringing leverage down to 3.1x from 4.1x a year ago. FY27 guidance calls for continued revenue growth of +1% to +2% C$ and adjusted operating margin of approximately 8%.

• · Q4 FY26 Americas region revenue ex-Dickies grew +10% C$, the highest growth since Q1'23.
• · Vans Americas DTC returned to growth for the first time in over four years.
• · The North Face delivered its fifth consecutive quarter of double-digit footwear growth.
• · Timberland opened 11 full-price stores in the Americas as of Q4 FY26.
• · Altra brand grew approximately 50% in Q4 FY26.
• · FY26 free cash flow of $405M excludes $100M net impact of pension termination.
• · FY27 guidance: Vans expected to be down mid-single digits with improving trends.
• · Adjusted amounts exclude Reinvent costs (~$8M in Q4, $44M FY26), Dickies transaction costs ($10M) and gain ($127M), pension settlement charges ($158M Q4, $192M FY26), pension excise tax ($25M), and Napapijri goodwill impairment ($31M).
• · Combined adjustments negatively impacted EPS by $0.30 in Q4 FY26 and $0.20 in FY26.

20-05-2026

FutureCorp Space Acquisition 1 filed an S-1 registration statement on May 19, 2026, for an initial public offering of 20,000,000 units at $10.00 per unit, each consisting of one Class A ordinary share and one-half of one redeemable warrant, aiming to raise $200,000,000. The blank check company has not yet selected a business combination target and has not initiated substantive discussions with any target. The offering includes a 45-day over-allotment option for up to 3,000,000 additional units, and the sponsor and underwriter have committed to purchase 6,000,000 private placement warrants at $1.00 per warrant, generating $6,000,000. However, the sponsor acquired 5,750,000 founder shares at a nominal price of $0.004 per share, resulting in immediate and substantial dilution for public shareholders, and the company has no identified target, introducing significant uncertainty.

• · The company is a blank check company incorporated in the Cayman Islands and has not selected any business combination target.
• · The warrants become exercisable 30 days after the initial business combination and expire five years after that combination.
• · Public shareholders have redemption rights at a per-share price equal to the trust account balance (less taxes) divided by outstanding public shares, but shareholders holding more than 15% of shares sold in the offering are restricted from redeeming more than 15% without prior consent.
• · Non-managing sponsor investors may purchase private placement warrants at $1.00 per warrant and receive founder shares at $0.004 per share, potentially realizing enhanced returns.
• · The underwriters receive upfront discounts and deferred underwriting commissions on units purchased by non-managing sponsor investors, if any.
• · The company will not use trust account proceeds to pay excise taxes under the Inflation Reduction Act of 2022.
• · The offering is subject to completion and the registration statement is not yet effective.

20-05-2026

Deep Fission, Inc. filed an S-1 registration statement on May 20, 2026, for an IPO of 6,000,000 shares of common stock at an anticipated price range of $24.00 to $26.00 per share. The company has applied to list on Nasdaq under the symbol 'FISN'.

• · The filing date is May 20, 2026.
• · The anticipated public offering price range is $24.00 to $26.00 per share.
• · The company is a Delaware corporation with principal executive offices in Berkeley, California.
• · The common stock has no established public trading market.

20-05-2026

AITX announced that its subsidiary RAD has signed an agreement with a global healthcare organization. The filing is a Form 8-K furnished under Item 8.01, with the press release attached as Exhibit 99.1. No financial terms or specific performance metrics were disclosed, and the filing is not deemed filed for Exchange Act purposes.

• · The agreement is with a global healthcare organization (name not disclosed).
• · The press release was issued on May 20, 2026.
• · The filing is furnished under Item 8.01 and is not deemed filed under Section 18 of the Exchange Act.

20-05-2026

Oaktree Strategic Credit Fund furnished a shareholder update for the quarter ended March 31, 2026 via an 8-K filing. The update provides performance details for the period, but the filing itself contains no specific financial figures or commentary, merely noting the furnished exhibit.

• · The shareholder update was furnished as Exhibit 99.1 but the filing does not disclose any quantitative metrics; no further detail is provided in the 8-K text.
• · The disclosure is furnished under Item 7.01 (Regulation FD) and not deemed filed for Section 18 liability purposes.

20-05-2026

Starfighters Space, Inc. reported a net loss of $4.27M for Q1 2026, widening from a $2.65M loss in Q1 2025, driven by a 116% surge in operating expenses to $4.05M. Cash and restricted cash fell to $2.14M from $4.63M at year-end 2025, while total assets declined to $26.34M from $28.39M. However, the company raised no new equity in the quarter and recorded a $1.53M due from shareholder and a $395k loss from misappropriation of assets.

• · Stock-based compensation of $1.80M was the largest non-cash expense in Q1 2026, up from $0 in Q1 2025.
• · Professional fees surged to $1.33M in Q1 2026 from $192k in Q1 2025.
• · Consulting fees increased to $1.12M from $390k year-over-year.
• · Advertising and promotion expenses rose to $508k from $81k.
• · The company recorded a $395k loss from misappropriation of assets in Q1 2026.
• · A $1.53M due from shareholder was recorded as of March 31, 2026, with a corresponding related party notes payable of the same amount.
• · Short-term investments decreased to $13.21M from $15.27M at year-end 2025.
• · Restricted cash increased to $736k from $51k at December 31, 2025.
• · Grant payable increased to $744k from $355k at year-end 2025.
• · Net cash used in operating activities was $3.96M in Q1 2026 vs $1.67M in Q1 2025.
• · No proceeds from private placements or financing activities in Q1 2026, compared to $4.10M in Q1 2025.
• · All convertible notes (Tranches 1-5) were fully converted by December 31, 2025, with no remaining balance.
• · Net loss per share improved to $(0.10) from $(0.13) due to a higher share count.

20-05-2026

On May 18, 2026, Mr. Doug Behrens resigned from the Board of Directors and the Compensation Committee of Laird Superfood, Inc., effective immediately, for personal reasons. The company clarified that his resignation was not due to any disagreement with the company's operations, policies, or practices. This departure reduces the board's size and removes a member from the compensation committee, but no successor has been announced.

• · The resignation was effective immediately on May 18, 2026.
• · The Form 8-K was filed on May 20, 2026, and signed on May 19, 2026.
• · No replacement director or committee member has been named.
• · Mr. Behrens had been a member of the Compensation Committee.

20-05-2026

Ally Financial Inc. eliminated its Series B 4.700% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock (1,350,000 authorized shares) by filing a Certificate of Elimination on May 19, 2026, after redeeming all outstanding shares of that series. This corporate action removes the associated Certificate of Designations from Ally's Amended and Restated Certificate of Incorporation and does not involve any new equity issuance or financial terms.

• · The Certificate of Elimination was filed under Section 151(g) of the Delaware General Corporation Law.
• · The Series B Preferred Stock was originally authorized on April 19, 2021, and the Certificate of Designations was filed on April 21, 2021.
• · The redemption of all outstanding Series B shares was completed prior to May 4, 2026, the date of the Pricing Committee's unanimous written consent.

20-05-2026

Salesforce filed a DEFA14A proxy supplement on May 20, 2026, urging stockholders to vote FOR Proposal 2 to amend and restate the 2013 Equity Incentive Plan, adding 34 million shares. The supplement addresses ISS's recommendation against the proposal due to a formulaic SVT calculation, which was negatively impacted by Salesforce's $25 billion accelerated share repurchase program that reduced shares outstanding. While ISS supports other proposals and Glass Lewis supports Proposal 2, the company argues the share repurchase has already retired 103 million shares—more than three times the requested shares—resulting in a net reduction in shares outstanding and a reasonable pro-forma equity overhang of 15.7%.

• · ISS supports all director nominees and the say-on-pay proposal but recommends against Proposal 2 due to a formulaic SVT calculation.
• · Glass Lewis & Co. is supporting Proposal 2.
• · The share repurchase program reduced shares outstanding, causing the same share reserve to represent a larger percentage of a smaller equity base, which ISS's SVT model penalizes.
• · The company states that without the share increase, it may need to significantly increase cash compensation, potentially misaligning employee and stockholder interests.
• · The 2013 Plan includes broad-based participation, with 96% of equity awards granted to non-executive officers in fiscal 2026.
• · The company's three-year average burn rate is 1.5%.

20-05-2026

First Real Estate Investment Trust of New Jersey, Inc. has filed a preliminary proxy statement (PREM14A) seeking stockholder approval of a Plan of Complete Liquidation and Dissolution. The filing details the proposed winding-up, sale of all assets, and estimated liquidating distributions, but emphasizes significant uncertainties regarding timing and final amounts. Key risk factors include potential delays in asset sales, transaction costs, tenant defaults, REIT qualification risks, and possible 100% excise tax on prohibited transactions, all of which could reduce or delay distributions to stockholders.

• · All asset sale proceeds are contingent; estimated liquidating distribution ranges are mentioned but no specific figures provided.
• · If REIT status is lost, the Trust would be taxed at corporate rates and could no longer deduct distributions, reducing funds available.
• · Prohibited transaction sales could result in a 100% excise tax on net gains from such sales.
• · The Trust may provide financing to buyers (purchase money obligations), delaying cash distributions to stockholders.
• · The Board reserves the right to delay, amend, or modify the Plan of Liquidation without further stockholder approval.
• · A reserve fund may be established for contingent claims, which could further delay or reduce distributions.
• · Closing conditions, buyer defaults, and inability to find buyers at expected prices are identified as risks.
• · Occupancy rates, tenant defaults, and lower-than-expected rental income during liquidation could reduce final distributions.
• · The filing includes no prior-period financial comparisons or numerical performance metrics.

20-05-2026

On May 19, 2026, Appalachian Power Recovery Funding LLC (Issuing Entity) and Appalachian Power Company (APCo) entered into an Underwriting Agreement with Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, and RBC Capital Markets, LLC to issue $1,375,500,000 aggregate principal amount of Series 2026-A Senior Secured SAC Bonds. The agreement includes customary representations, warranties, and indemnification provisions, with closing expected on May 27, 2026. No financial performance metrics are reported.

• · The bonds are issued under an Indenture and Series Supplement dated May 27, 2026, and offered via a prospectus dated May 19, 2026.
• · Additional agreements to be entered into on May 27, 2026 include a Servicing Agreement, Purchase and Sale Agreement, Administration Agreement, and Joinder to Intercreditor Agreement.
• · The Underwriting Agreement includes customary closing conditions and indemnification obligations for liabilities under the Securities Act of 1933.

20-05-2026

Juniata Valley Financial Corp. filed an 8-K on May 20, 2026, reporting that shareholders approved the 2026 Long-Term Incentive Plan at the annual meeting on May 19, 2026. The plan authorizes grants of incentive stock options, nonqualified stock options, stock appreciation rights, performance restricted shares, restricted stock awards, and stock awards to officers, directors, and key employees. No financial figures or period-over-period comparisons are included in this filing.

• · The 2026 Long-Term Incentive Plan was approved by shareholders on May 19, 2026.
• · The plan covers awards to officers, directors, and key employees.
• · Award types include incentive stock options, nonqualified stock options, stock appreciation rights, performance restricted shares, restricted stock awards, and stock awards.
• · The plan description is incorporated by reference from the definitive proxy statement filed March 26, 2026.

20-05-2026

Columbia Threadneedle Investments, the global asset management group of Ameriprise Financial (NYSE: AMP), announced the retirement of Global Chief Investment Officer William Davies, effective June 30, 2026, after 33 years with the firm. CEO Ted Truscott will serve as interim global CIO from July 1, 2026, until a successor is appointed. The firm manages $706 billion in assets as of March 31, 2026, and has a deep bench of senior investment leaders to maintain continuity.

• · William Davies joined a Columbia Threadneedle predecessor firm in 1994 as a European equities portfolio manager.
• · Davies held roles including head of European equities, global head of equities, chief investment officer EMEA, and global CIO since 2022.
• · Ted Truscott served as the firm's CIO for seven years before becoming CEO in 2010.
• · The firm has 2,200 employees, including 550 investment professionals, based in North America, Europe, and Asia.

20-05-2026

United Fire Group Inc. held its 2026 Annual Meeting on May 20, 2026, where all director nominees were elected and all shareholder proposals were approved, including the ratification of Ernst & Young as auditor, an advisory vote on executive compensation, and an amendment to the 2021 Non-Employee Director Stock Plan. The Board also declared a $0.20 per share quarterly cash dividend payable June 19, 2026, and extended the Share Repurchase Program to August 31, 2028, while increasing authorized repurchase shares to 2 million. All proposals received strong shareholder support, though Proposal 4 (stock plan amendment) had a notable 5.2% against vote.

• · The 2026 Annual Meeting was held on May 20, 2026.
• · All five Class A director nominees were elected with over 93% votes for each.
• · Proposal 2 (ratify auditor) received 96.7% votes for with no broker non-votes.
• · Proposal 3 (advisory vote on executive compensation) received 98.4% votes for.
• · Proposal 4 (stock plan amendment) received 94.7% votes for, with 5.2% against.
• · Quarterly dividend of $0.20 per share declared, payable June 19, 2026 to shareholders of record June 5, 2026.
• · Share Repurchase Program extended to August 31, 2028 and authorized shares increased to 2 million.

20-05-2026

Five9, Inc. held its 2026 annual meeting on May 20, 2026, with 82% of outstanding shares represented. Stockholders approved proposals to declassify the Board of Directors and remove supermajority voting requirements, elected Amit Mathradas and Sagar Gupta as Class III directors, approved advisory executive compensation, and ratified KPMG LLP as auditor for FY2026. The advisory vote on executive compensation saw notable opposition (8.8% against), while director elections and governance proposals passed with overwhelming support.

• · Record date for the Annual Meeting was March 24, 2026
• · The board declassification and supermajority removal proposals each received over 55M shares FOR, with minimal opposition (<140K against each)
• · Amit Mathradas received 55,248,526 shares FOR (99.9% of votes cast excluding broker non-votes) compared to Sagar Gupta's 54,143,117 FOR (99.2%), indicating slightly higher support for Mathradas
• · Advisory executive compensation proposal received 4,964,172 shares AGAINST (8.8% of votes cast excluding abstentions), a notable level of dissent
• · KPMG LLP ratification received 62,448,505 shares FOR (99.6% of votes cast), near unanimous support

20-05-2026

COPT Defense Properties held its 2026 Annual Meeting on May 14, 2026, where shareholders elected eight trustees, approved executive compensation on an advisory basis, and ratified PricewaterhouseCoopers LLP as the independent auditor. All proposals passed with strong shareholder support, though the ratification of PwC received a notable 6.9% against vote (7,015,739 shares).

• · All eight trustee nominees were elected with at least 95.5% of votes cast in favor (excluding broker non-votes).
• · The highest against vote among trustees was for Robert L. Denton, Sr. with 5,287,283 shares against (5.0% of votes cast).
• · Broker non-votes totaled 1,640,004 shares for all trustee elections and Proposal 2.
• · Proposal 3 (PwC ratification) had no broker non-votes, with 7,015,739 shares against (6.9% of votes cast).

20-05-2026

Bank of the James Financial Group held its Annual Meeting on May 19, 2026, with 78.65% of outstanding shares represented. Shareholders elected four Group Two directors, ratified Elliott Davis as auditor for 2026, and approved non-binding advisory say-on-pay compensation. All proposals passed with strong support, though director elections showed notable withheld votes for three of the four nominees.

• · Record date for shareholder determination was March 23, 2026.
• · Proposal 1 (Director Elections): Robert R. Chapman III received 2,435,558 votes for and 42,840 withheld; Julie P. Doyle received 2,177,449 for and 300,949 withheld; Lydia K. Langley received 2,176,380 for and 302,018 withheld; Augustus A. Petticolas, Jr. received 2,156,391 for and 322,007 withheld.
• · Proposal 2 (Auditor Ratification): 3,565,490 votes for, 4,655 against, 3,260 abstentions.
• · Proposal 3 (Say-on-Pay): 2,403,289 votes for, 31,082 against, 44,027 abstentions.
• · Broker non-votes on director elections and say-on-pay were 1,095,007 shares.

20-05-2026

Principal Financial Group held its annual shareholders meeting on May 19, 2026, where all five Class I director nominees were elected, and shareholders approved executive compensation (advisory), ratification of auditors, and the 2026 Stock Incentive Plan. All proposals passed with strong support, though Jocelyn Carter-Miller received a notable 11.5% against vote.

• · All director nominees were elected with over 88% of votes cast in favor, except Jocelyn Carter-Miller who received 88.8% for and 11.5% against.
• · The advisory vote on executive compensation passed with 96.5% of votes cast in favor.
• · Ratification of independent auditors passed with 93.7% of votes cast in favor.
• · Approval of the 2026 Stock Incentive Plan passed with 97.9% of votes cast in favor.
• · Broker non-votes were 13,652,890 for all items except ratification of auditors (0 broker non-votes).

20-05-2026

Freeport-McMoRan Inc. (FCX) and its subsidiary PT Freeport Indonesia entered into a new revolving credit agreement dated May 14, 2026, with a syndicate of lenders led by JPMorgan Chase Bank as administrative agent. The agreement establishes a revolving credit facility, includes financial covenants such as a total leverage ratio, and provides for joint and several liability between FCX and PT Freeport Indonesia. The specific commitment amounts and schedules were omitted from the filing as non-material, but the facility includes incremental commitment and maturity extension provisions.

• · The credit agreement includes a Total Leverage Ratio covenant (Section 6.06) with compliance certifications required quarterly.
• · The agreement provides for incremental revolving commitments (Section 2.20) and extension of maturity date (Section 2.21).
• · PT Freeport Indonesia is designated as a co-borrower with joint and several liability.
• · Financial reporting requirements include audited annual statements within 90 days and quarterly unaudited statements within 45 days.
• · The agreement contains customary representations, warranties, and events of default, including a Material Adverse Effect clause.

20-05-2026

Starbucks Corporation completed the settlement of its cash tender offers on May 20, 2026, purchasing a total of approximately $1.32 billion in aggregate principal amount of its senior notes across five series, with a total purchase price (including accrued interest) of about $1.30 billion. The company did not purchase any of its 4.000% Senior Notes due 2028, 4.900% Senior Notes due 2031, or 4.800% Senior Notes due 2033, leaving those series fully outstanding. The tender offers were upsized and settled early, with no further purchases planned.

• · The tender offers were originally announced on May 4, 2026, and upsized via a press release on May 15, 2026.
• · The company elected to settle on the Early Settlement Date and does not intend to purchase any additional notes.
• · No purchases were made for the 4.000% Senior Notes due 2028, 4.900% Senior Notes due 2031, or 4.800% Senior Notes due 2033; those series remain fully outstanding as per the latest 10-Q filed April 28, 2026.

20-05-2026

Six Flags Entertainment Corporation entered into a Cooperation Agreement with H Partners Management, LLC on May 19, 2026, under which Rehan Jaffer (Founder and Managing Member of H Partners) will be appointed to the Board as a Class III director following the 2026 Annual Meeting on May 26, 2026, replacing Arik Ruchim who is stepping down. The agreement includes standard standstill and mutual non-disparagement provisions, and Mr. Jaffer's resignation is tied to H Partners maintaining at least 3% beneficial ownership of the Company's common stock. This board refreshment reflects ongoing engagement with a long-term significant investor.

• · Mr. Jaffer will serve on the Audit and Finance Committee of the Board.
• · The Cooperation Agreement remains in effect until the later of the 2027 Annual Meeting or 20 days after Mr. Jaffer leaves the Board.
• · H Partners has been a significant investor in Six Flags for more than 15 years.
• · Arik Ruchim had served as a director since 2020.
• · Under the standstill, H Partners must vote in line with Board recommendations on director elections and other proposals, unless ISS and Glass Lewis recommend otherwise on non-director proposals.
• · H Partners may vote in its sole discretion on any extraordinary transaction proposal.

20-05-2026

Teleflex Incorporated held its 2026 annual meeting on May 15, 2026, where stockholders elected seven directors, approved advisory compensation for named executive officers, and ratified the appointment of PricewaterhouseCoopers LLP as independent auditor for 2026. All proposals passed with strong support, though the advisory vote on executive compensation received notable opposition with 1,632,219 votes against.

• · All seven director nominees received over 39.5 million votes in favor, with Michael J. Tokich receiving the highest support at 40,355,298 votes for and only 239,994 against.
• · The advisory vote on executive compensation passed with 38,990,583 for, 1,632,219 against, and 37,932 abstentions, representing about 4% opposition.
• · Ratification of PricewaterhouseCoopers LLP as independent auditor for 2026 passed with 40,460,649 for, 1,363,926 against, and 54,534 abstentions, with no broker non-votes.
• · Broker non-votes totaled 1,218,375 for each director election and the advisory compensation vote, indicating significant shares not voted by brokers on those items.

20-05-2026

On May 18, 2026, J. Carney Hawks was removed from the Board of Directors of Ferrellgas, Inc., the general partner of Ferrellgas Partners, L.P. and Ferrellgas, L.P. The removal was not related to any disagreement with the Company on operations, policies, or practices. It follows the conversion of all outstanding Class B Units into Class A Units on March 16, 2026, which eliminated the right of Class B holders to designate an independent director.

• · Mr. Hawks was originally appointed to the Board in 2021.
• · The conversion of Class B Units to Class A Units occurred on March 16, 2026.
• · The removal was effective May 18, 2026.

20-05-2026

e.l.f. Beauty reported Q4 FY2026 net sales growth of 35% YoY to $449.3M and full-year net sales growth of 25% to $1,636.5M, driven by strength across retailer and e-commerce channels in the US and internationally. However, the company posted a GAAP net loss of $49.4M in Q4 (vs. net income of $28.3M a year ago) due to a $57.6M fair value adjustment on contingent consideration from the rhode acquisition, and adjusted EBITDA declined 28% YoY in Q4. For FY2027, management guided net sales of $1,835-1,865M (12-14% growth) and adjusted diluted EPS of $3.27-3.32.

• · Q4 FY2026 GAAP diluted loss per share was $0.82, compared to diluted EPS of $0.49 in Q4 FY2025.
• · Full-year FY2026 GAAP diluted EPS was $0.44, down from $1.92 in FY2025.
• · Q4 FY2026 adjusted diluted EPS was $0.32, compared to $0.49 in Q4 FY2025 (adjusted basis not provided for prior year).
• · Full-year FY2026 adjusted diluted EPS was $3.13, up from $2.57 in FY2025 (implied from prior year adjusted net income of $150M and diluted shares of 58.3M).
• · SG&A expenses increased $126.4M in Q4 to $319.1M, driven by marketing, merchandising, distribution, compensation, and professional fees.
• · The company had $289.7M in cash and $841.7M in total debt as of March 31, 2026, compared to $148.7M cash and $256.7M debt a year earlier.
• · FY2027 guidance includes net sales of $1,835-1,865M, adjusted EBITDA of $379-385M, adjusted net income of $198-201M, and adjusted diluted EPS of $3.27-3.32.
• · The rhode acquisition contributed a $57.6M non-cash fair value adjustment in FY2026 due to revenue outperformance relative to earnout thresholds.
• · Full-year gross margin declined 50 bps to 71% due to higher tariff costs, partially offset by pricing benefits.
• · Operating cash flow was $212.5M in FY2026, up from $133.8M in FY2025.

20-05-2026

CFN Enterprises Inc. reported net revenues of $87,917 for Q1 2026, a massive increase from $2,283 in Q1 2025, driven primarily by new wine product sales of $83,607. However, the net loss from continuing operations widened to $1,339,334 from $576,148, and total stockholders' deficit deepened to $24,577,098 from $20,393,811 a year earlier, reflecting ongoing financial strain.

• · Net loss per share improved to $(0.15) in Q1 2026 from $(0.31) in Q1 2025.
• · Discontinued operations contributed net income of $60,375 in Q1 2026 versus a net loss of $1,987,462 in Q1 2025.
• · Inventory write-off of $413,250 was recorded in Q1 2026.
• · Accounts payable and accrued liabilities increased to $6,646,299 at March 31, 2026 from $6,353,664 at December 31, 2025.
• · Current liabilities of discontinued operations stood at $13,369,741 at March 31, 2026.
• · Net cash used in operating activities from continuing operations was $227,983 in Q1 2026, compared to $547,354 in Q1 2025.
• · Net cash provided by operating activities from discontinued operations was $109,750 in Q1 2026, down from $619,962 in Q1 2025.
• · The company issued 365,000 shares of common stock for services valued at $409,800 during Q1 2026.
• · Accrued preferred stock interest was $105,000 in Q1 2026, up from $60,000 in Q1 2025.

20-05-2026

First Internet Bancorp held its 2026 annual meeting of shareholders on May 18, 2026. All eight director nominees were elected, and shareholders approved the advisory 'Say-on-Pay' executive compensation vote. While the ratification of Forvis Mazars, LLP as independent auditor passed overwhelmingly with 95.9% of votes cast in favor, the Say-on-Pay vote showed notable opposition with 17.3% of votes cast against and 0.5% abstaining.

20-05-2026

Monroe Capital Enhanced Corporate Lending Fund declared a $0.20 per share dividend for Class I shares, payable June 24, 2026. As of April 30, 2026, the Fund reported a net asset value of $25.76 per Class I share, total net assets of $104.2 million, and a debt-to-equity ratio of 1.15x. The portfolio consisted of 39 companies with an aggregate fair value of $215.7 million, entirely in floating-rate debt investments, but the Fund had only $2.7 million in total public offering proceeds raised, with no Class S or Class D shares outstanding.

• · The Fund had no Class S or Class D shares outstanding as of April 30, 2026.
• · Weighted-average closing date annual EBITDA of portfolio companies was approximately $22.5 million.
• · The Fund's portfolio is concentrated in Services: Business (24.7%), High Tech Industries (16.7%), and Healthcare & Pharmaceuticals (16.3%).
• · The public offering has raised only $2.7 million out of a $1.0 billion maximum offering, indicating very limited public investor demand.
• · The Fund has sold approximately 3.95 million unregistered Class I shares to affiliates of the Adviser for $100.0 million, far exceeding public offering proceeds.

20-05-2026

Lifeward Ltd. reported a net loss of $10.8M for Q1 2026, widening from $4.8M in Q1 2025, driven by a 22% revenue decline to $3.9M and a significant increase in R&D expenses to $5.8M (from $0.9M) due to the Oratech acquisition. However, cash and cash equivalents surged to $11.4M from $2.2M at year-end 2025, supported by $6.4M in financing activities and $6.5M from the Oratech acquisition.

• · Net loss per share (basic and diluted) was $6.70 for Q1 2026 vs $5.53 for Q1 2025.
• · Total assets increased to $33.4M as of March 31, 2026 from $22.9M at December 31, 2025.
• · Total liabilities increased to $27.1M from $14.5M, driven by new convertible notes and warrant liabilities.
• · Shareholders' equity decreased to $6.3M from $8.4M.
• · The company issued 1,250,363 ordinary shares in connection with the Oratech transaction.
• · Fair value of warrant liabilities and derivative liabilities totaled $10.0M as of March 31, 2026.
• · The company had an accumulated deficit of $295.5M as of March 31, 2026.

20-05-2026

Raymond James Financial, Inc. furnished an 8-K on May 20, 2026, disclosing its operating data for April 2026 via a press release attached as Exhibit 99.1. The filing is provided under Regulation FD and is not deemed filed for SEC liability purposes. No specific financial figures or period-over-period comparisons are included in the 8-K itself, limiting the ability to assess performance trends.

• · The press release was issued on May 20, 2026, and is attached as Exhibit 99.1.
• · The filing is furnished under Item 7.01 (Regulation FD Disclosure) and is not deemed filed for purposes of Section 18 of the Exchange Act.
• · The registrant is incorporated in Florida with its principal executive offices in St. Petersburg, Florida.

20-05-2026

Lument Finance Trust reported a GAAP net loss of $1.0 million for Q1 2026, but positive distributable earnings of $1.1 million ($0.02 per share). The company will host a conference call on May 15, 2026 to discuss results.

• · GAAP net loss per share was $0.02.
• · Distributable earnings per share was $0.02.
• · Adjustments to reconcile GAAP net loss to distributable earnings include: unrealized loss on mortgage servicing rights $30,245, release of credit losses $(732,373), depreciation of real estate owned $304,885, real estate owned impairment expense $1,350,435, loss on extinguishment of debt $1,152,861, and adjustment for income taxes $(4,648).
• · Conference call scheduled for May 15, 2026 at 1:00 p.m. ET.

20-05-2026

MVB Financial Corp. held its 28th Annual Meeting on May 19, 2026, with 75.03% of shares represented. Shareholders elected all four director nominees, approved executive compensation on an advisory basis, approved an amendment to the 2022 Stock Incentive Plan, and ratified the appointment of Forvis Mazars, LLP as auditor. The Board also declared a quarterly cash dividend of $0.17 per share, consistent with the prior quarter.

• · Proposal 1: Director nominees elected with votes ranging from 6,825,612 to 7,474,031 for, and 129,450 to 731,882 withheld.
• · Proposal 2: Executive compensation approved with 6,567,830 for, 973,346 against, 16,318 abstain.
• · Proposal 3: Stock plan amendment approved with 5,951,155 for, 1,585,077 against, 21,262 abstain.
• · Proposal 4: Auditor ratification approved with 9,582,211 for, 36,171 against, 18,688 abstain.
• · Dividend record date: June 1, 2026; payable June 15, 2026.

20-05-2026

TruGolf Holdings reported a net loss of $1.45M for Q1 2026, a significant improvement from the $2.67M loss in Q1 2025, driven by a 15% reduction in operating expenses. However, total revenue declined 4.2% YoY to $5.02M, primarily due to a 5.9% drop in golf simulator sales, while content software subscriptions grew modestly. The company's cash position decreased to $10.9M from $12.6M at the end of Q1 2025, and total liabilities increased to $17.1M from $15.9M at year-end 2025.

• · Net loss per share improved from $(44.24) in Q1 2025 to $(2.75) in Q1 2026, largely due to a significant increase in weighted average shares outstanding from 60,356 to 527,000.
• · Interest expense dropped 86.1% YoY from $1.49M to $207,163, contributing to the narrower net loss.
• · Cash used in operating activities improved to $(122,196) from $(449,119) in the prior year period.
• · Capitalized software development costs increased to $4.23M from $3.63M at year-end 2025, reflecting continued investment.
• · The company repurchased $345,000 of treasury stock during Q1 2026.
• · Deferred revenue rose to $6.61M from $5.56M at December 31, 2025, indicating growth in advance payments from customers.
• · Accounts payable increased to $3.19M from $2.77M at year-end 2025.
• · No franchise revenue was recorded in Q1 2026 compared to $13,125 in Q1 2025.

20-05-2026

Eagle Financial Services, Inc. held its Annual Meeting on May 19, 2026, where shareholders elected six directors, approved the 2026 Employee Stock Purchase Plan, and ratified the appointment of Yount, Hyde & Barbour, P.C. as independent auditor for 2026. All proposals passed with strong support, though there were notable broker non-votes and some withheld votes for certain director nominees.

• · Broker non-votes totaled 514,936 for each director nominee and 514,937 for the stock purchase plan.
• · The highest vote 'for' a director was Karthik Shyamsunder with 3,545,975; the lowest was Douglas C. Rinker with 3,413,048.
• · Ratification of auditor received 4,080,508 votes for, 24,801 against, and 18,092 abstentions.

20-05-2026

Fold Holdings, Inc. held its Annual Meeting on May 19, 2026, where stockholders voted to elect two Class I directors and ratified the appointment of CBIZ CPAs P.C. as independent auditor for FY 2026. Both director nominees, Bracebridge H. Young, Jr. and Andrew Hohns, were elected with overwhelming support (over 24.5M 'for' votes each) and the auditor ratification passed with 31.1M 'for' votes against 1.5M 'against' votes. The filing indicates routine governance matters were approved, with no shareholder proposals or contested items.

• · Annual Meeting held on May 19, 2026
• · Two proposals considered: election of two Class I directors and ratification of independent auditor
• · Broker non-votes of 7,633,676 were recorded on director elections but not on auditor ratification (which is a routine matter)
• · Both director nominees received more 'for' than 'withheld' votes: Young 24,556,161 vs 494,551; Hohns 24,699,618 vs 351,094
• · Auditor ratification had 31,065,214 for, 1,503,845 against, and 115,329 abstentions

20-05-2026

Cleveland-Cliffs Inc. held its Annual Meeting on May 14, 2026, where all eight director nominees were elected, and shareholders approved advisory say-on-pay and ratified Deloitte & Touche as auditor for 2026. All proposals passed with strong support, though say-on-pay received about 15% against votes.

• · Record date for the meeting was March 16, 2026.
• · Broker non-votes totaled 101,429,760 shares for director elections and say-on-pay.
• · Ratification of Deloitte & Touche received 427,885,151 votes for, 9,601,163 against, and 1,389,633 abstentions.

20-05-2026

Benchmark 2026-B43 Mortgage Trust filed an 8-K/A on May 20, 2026, amending its April 30, 2026 Form 8-K to replace and supersede several exhibits with updated versions. The amendments include corrective revisions to the Underwriting Agreement, conformed signatures and a Mortgage Loan Schedule in the Pooling and Servicing Agreement, a dated Phoenix Industrial Portfolio XV Co-Lender Agreement, and conformed signatures and schedules in seven Mortgage Loan Purchase Agreements. No financial data or performance metrics were provided in this filing.

• · The amendment replaces the Underwriting Agreement (Exhibit 1) with a version containing corrective revisions.
• · The Pooling and Servicing Agreement (Exhibit 4.1) now includes conformed signatures, a Mortgage Loan Schedule (Exhibit B), an address for notices to Goldman Sachs Bank USA, a corrected address for Trimont LLC, common codes for certain certificate classes, and other clerical revisions.
• · The Phoenix Industrial Portfolio XV Co-Lender Agreement (Exhibit 4.5) is now dated and includes conformed signatures.
• · Seven Mortgage Loan Purchase Agreements (Exhibits 99.1–99.7) from Citi Real Estate Funding Inc., German American Capital Corporation, Goldman Sachs Mortgage Company, Bank of America, Barclays Capital Real Estate Inc., UBS AG New York Branch, and Bank of Montreal now include conformed signatures and a Mortgage Loan Schedule (Exhibit A).
• · The filing is dated May 20, 2026, and was signed by Richard Simpson as President of Citigroup Commercial Mortgage Securities Inc.

20-05-2026

First Merchants Corporation held its Annual Meeting of Shareholders on May 19, 2026, where all nine director nominees were elected and shareholders approved the advisory resolution on executive compensation and the appointment of Forvis Mazars, LLP as independent auditor for 2026. All director nominees received strong support, though Susan W. Brooks and F. Howard Halderman had notably higher withhold votes (8.9M and 8.3M respectively) compared to other directors.

• · Broker non-votes totaled 7,385,262 on all director elections and the advisory compensation vote.
• · The advisory compensation resolution passed with 43,084,564 FOR, 2,221,954 AGAINST, and 373,835 ABSTAIN.
• · Forvis Mazars, LLP was approved as independent auditor with 51,146,053 FOR, 1,842,114 AGAINST, and 77,448 ABSTAIN (no broker non-votes on this proposal).
• · Susan W. Brooks received 36,808,839 FOR and 8,871,514 WITHHELD; F. Howard Halderman received 37,409,002 FOR and 8,271,351 WITHHELD.

20-05-2026

Seacoast Banking Corporation of Florida held its 2026 Annual Meeting on May 20, 2026, with 86,561,253 shares represented (88.6% of outstanding). Shareholders approved all four proposals: election of five Class III directors, declassification of the board, advisory approval of executive compensation, and ratification of Crowe LLP as independent auditor. Notably, director Alvaro J. Monserrat received 8,268,750 withheld votes (11.1% of votes cast), and Randolph A. Moore, III received 8,543,448 withheld votes (11.5%), indicating notable shareholder dissent for these nominees.

• · Proposal to declassify the board was approved with 74,322,292 votes for, 54,450 against, and 38,378 abstentions.
• · Advisory vote on executive compensation passed with 72,732,371 votes for, 1,512,734 against, and 170,015 abstentions.
• · Ratification of Crowe LLP as auditor passed with 86,112,129 votes for, 405,061 against, and 44,063 abstentions.
• · Broker non-votes totaled 12,146,133 on director elections and the advisory compensation vote.

20-05-2026

Black Rock Coffee Bar, Inc. (BRCB) filed an 8-K disclosing an irrevocable proxy agreement dated May 15, 2026, in connection with a Voting Agreement from September 11, 2025. Major shareholders, including Viking Cake Fuel LLC and several trusts, granted the company and its CEO irrevocable voting rights over their shares until the later of two years or termination of the Voting Agreement. This consolidates voting control with management, potentially ahead of a strategic transaction.

• · The irrevocable proxy expires on the later of two years from May 15, 2026, or termination of the Voting Agreement.
• · The Voting Agreement was dated September 11, 2025, and references Section 6.252 of the Texas Business Organizations Code.
• · Shareholders include Viking Cake Fuel, LLC, Viking Cake Fuel II, LLC, and multiple 2021 trusts for individuals.
• · The proxy is coupled with an interest and is irrevocable under Texas law (Section 21.369).
• · The proxy does not limit the shareholder's ability to transfer shares or a pledgee's rights.

20-05-2026

ExchangeRight Income Fund sold 30,481 Class D Common Shares from April 15 to May 15, 2026, generating gross proceeds of $840,000 in a private placement under Regulation D Rule 506(c). The offering is part of a continuous program of up to $2.165 billion across multiple share classes.

• · The offering is conducted on a continuous basis under Section 4(a)(2) and Rule 506(c) of Regulation D.
• · The company is an emerging growth company as defined in Rule 405 of the Securities Act.

20-05-2026

Farmhouse, Inc. reported a net loss of $155,427 for Q1 2026, compared to net income of $68,288 in Q1 2025, driven by higher operating expenses and the absence of a prior-year gain on debt extinguishment. The company has no revenues, negative stockholders' deficit of $2.82M, and significant liabilities including defaults on notes and related party payables. Cash increased to $32,329 from $14,188 at year-end 2025, but operating cash flow remained negative at ($61,459).

• · The company has no revenues and has never generated revenue.
• · Stockholders' deficit increased to $2.82M from $2.67M at year-end 2025.
• · Accrued payroll and payroll taxes of $1.54M is the largest liability.
• · Convertible notes payable of $113,766 (current) and $443,137 (long-term) are outstanding, with $45,000 in default.
• · Notes payable of $55,000 are in default.
• · Due to related parties of $336,880 includes $4,500 in default.
• · Derivative liabilities from convertible instruments increased to $104,667 from $89,455.
• · Crypto assets of $14,209 were acquired during Q1 2026 for $15,400, with an unrealized loss of $1,191.
• · Loss on derivatives of $14,212 was recognized in Q1 2026.
• · Interest expense increased to $30,575 from $15,853 in Q1 2025.
• · Weighted average shares outstanding increased to 18,999,617 from 17,925,950.
• · Basic and diluted net loss per share was $(0.01) vs $0.00 in prior year.

20-05-2026

NightFood Holdings, Inc. (NGTF) reported a massive revenue surge for the nine months ended March 31, 2026, with revenues of $5,681,079 compared to just $1,681 in the prior-year period, driven by acquisitions of Victorville and Rancho Mirage. However, the company's net loss from continuing operations widened significantly to $13,401,489 from $3,611,715, and operating cash flow remained deeply negative at -$5,215,977. Total assets ballooned to $128,977,431 from $7,324,534, largely due to $95,686,177 in goodwill and $23,453,185 in property and equipment, while total liabilities increased to $46,363,059 from $11,947,647.

• · Revenue for the three months ended March 31, 2026 was $2,709,023, compared to $1,264 in the prior-year period.
• · Net loss for the three months ended March 31, 2026 was $5,420,684, compared to $2,541,552 in the prior-year period.
• · Loss per share (basic and diluted) for the three months ended March 31, 2026 was ($0.02), same as the prior-year period.
• · Total current liabilities increased to $25,381,978 as of March 31, 2026 from $11,466,233 as of June 30, 2025.
• · Derivative liabilities increased to $4,100,046 as of March 31, 2026 from $805,765 as of June 30, 2025.
• · Convertible notes payable (net) - current increased to $5,534,235 as of March 31, 2026 from $4,271,103 as of June 30, 2025.
• · Accounts payable and accrued expenses increased to $5,937,824 as of March 31, 2026 from $3,156,258 as of June 30, 2025.
• · The company issued 538,138 shares of Series C convertible preferred stock and 1,834 shares of Series D convertible preferred stock as of March 31, 2026, compared to none at June 30, 2025.
• · Additional paid-in capital increased to $142,265,941 as of March 31, 2026 from $29,284,708 as of June 30, 2025.
• · Accumulated deficit increased to ($60,158,383) as of March 31, 2026 from ($46,753,844) as of June 30, 2025.
• · Cash paid for interest during the nine months ended March 31, 2026 was $1,674,399, compared to $0 in the prior-year period.
• · The company had $1,269,000 cash acquired in acquisitions during the nine months ended March 31, 2026.
• · Proceeds from convertible notes payable during the nine months ended March 31, 2026 were $3,903,248.
• · Proceeds from common stock issued for cash during the nine months ended March 31, 2026 were $894,423.

20-05-2026

Foxx Development Holdings Inc. reported a net loss of $36.3M for the three months ended March 31, 2026, compared to a net loss of $4.1M in the same period last year, driven by a $25.9M impairment of right-of-use assets and a gross loss of $1.5M versus a gross profit of $0.7M. For the nine-month period, net loss widened to $43.4M from $4.9M, while revenue declined 12.3% to $45.6M. However, cash from operations turned positive at $1.3M, and cash balance increased to $3.2M from $1.9M at June 30, 2025.

• · Gross loss of $1.5M for Q3 FY26 vs gross profit of $0.7M in prior year quarter.
• · Operating expenses surged to $32.5M from $4.2M, primarily due to $25.9M impairment of right-of-use assets.
• · Interest expense increased to $2.3M from $1.6M for the quarter.
• · Accounts payable – supplier financing rose to $32.3M from $26.2M.
• · Total liabilities more than doubled to $75.9M from $31.4M.
• · Allowance for credit losses on accounts receivable increased to $1.8M from $0.6M.
• · Inventories decreased to $7.0M from $12.7M.
• · Contract assets dropped to $41.7K from $454.8K.
• · Cash provided by operating activities was $1.3M for the nine months, compared to cash used of $4.7M in the prior period.
• · Non-cash impairment of right-of-use assets of $25.9M and inventory impairment of $4.7M were recorded.

20-05-2026

FG Merger II Corp. (FGMC) filed a 425 communication regarding its planned two-step merger with Boxabl Inc., a modular housing company. The transaction, originally announced on August 4, 2025, involves Merger Sub merging into Boxabl, followed by Boxabl merging into FGMC, with the surviving entity renamed BOXABL Inc. The filing notes that a paid advertisement related to the merger was published on May 18, 2026, and provides standard forward-looking statements and risk factors, but no new financial or operating metrics or performance data for either company are disclosed.

• · The merger was originally announced on August 4, 2025.
• · The transaction structure is a two-step merger: first, Merger Sub merges into Boxabl, then Boxabl merges into FGMC, with FGMC as the surviving public company renamed BOXABL Inc.
• · A paid advertisement related to the merger was published by barchart on May 18, 2026.
• · Boxabl was founded in 2017.
• · The Casita (361 sq ft) unfolds on-site in less than an hour and is manufactured inside Boxabl's facilities.
• · The Baby Box (120 sq ft) is built to RV code and intended for no-foundation setups.
• · FGMC's proxy statement/prospectus will be included in a Form S-4 registration statement filed with the SEC.
• · FGMC's final prospectus related to its IPO was filed with the SEC on January 29, 2025.
• · Boxabl's Annual Report on Form 10-K was filed with the SEC on March 27, 2026.