Business Wire – International World Of Business

KBRA Assigns Preliminary Ratings to GCAT 2025-NQM7 Trust

Press Room Team — Wed, 19 Nov 2025 20:34:46 +0000

NEW YORK–(BUSINESS WIRE)–#creditratingagency–KBRA assigns preliminary ratings to eight classes of mortgage pass-through notes from GCAT 2025-NQM7 Trust, a $299.0 million non-prime RMBS transaction. The underlying collateral, comprising 550 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 746 and exhibit modest equity in each mortgaged property, with WA LTV and combined LTV (CLTV) ratios of 72.1% and 72.2%, respectively.

KBRA’s rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model (REALM), an examination of the results from third-party loan file due diligence, cash flow modeling analysis of the transaction’s payment structure, reviews of key transaction parties and an assessment of the transaction’s legal structure and documentation. This analysis is further described in our U.S. RMBS Rating Methodology.

To access ratings and relevant documents, click here.

Click here to view the report.

Recent Publications

Methodologies

Disclosures

Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors (where they are a key driver behind the change to the credit rating or rating outlook) can be found in the full rating report referenced above.

A description of all substantially material sources that were used to prepare the credit rating and information on the methodology(ies) (inclusive of any material models and sensitivity analyses of the relevant key rating assumptions, as applicable) used in determining the credit rating is available in the Information Disclosure Form(s) located here.

Information on the meaning of each rating category can be located here.

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above. Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com.

About KBRA

Kroll Bond Rating Agency, LLC (KBRA), one of the major credit rating agencies (CRA), is a full-service CRA registered with the U.S. Securities and Exchange Commission as an NRSRO. Kroll Bond Rating Agency Europe Limited is registered as a CRA with the European Securities and Markets Authority. Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority. In addition, KBRA is designated as a Designated Rating Organization (DRO) by the Ontario Securities Commission for issuers of asset-backed securities to file a short form prospectus or shelf prospectus. KBRA is also recognized as a Qualified Rating Agency by Taiwan’s Financial Supervisory Commission and is recognized by the National Association of Insurance Commissioners as a Credit Rating Provider (CRP) in the U.S.

Doc ID: 1012384

Contacts

Analytical Contacts

Minxi Qiu, Director (Lead Analyst)

+1 646-731-1263

minxi.qiu@kbra.com

Bianca Rexach, Associate Director

+1 646-731-1410

bianca.rexach@kbra.com

Patrick Gervais, Senior Managing Director (Rating Committee Chair)

+1 646-731-2426

patrick.gervais@kbra.com

Business Development Contact

Daniel Stallone, Managing Director

+1 646-731-1308

daniel.stallone@kbra.com

Block Shares Multi-Year Financial Outlook at Investor Day

Press Room Team — Wed, 19 Nov 2025 20:34:46 +0000

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.–(BUSINESS WIRE)–Block, Inc. (NYSE: XYZ) will share its three-year financial outlook during its previously announced 2025 Investor Day. The company will outline a plan for profitable growth and operating leverage over the next three years, reflecting the scale of its ecosystems, including Cash App, Square and Proto, as well as continued discipline in execution.

At the event, Block will share guidance on key business performance metrics it expects over the next three years including:

Gross Profit: Expected to grow in the mid-teens range annually through 2028, reaching approximately $15.8 billion.
Adjusted Operating Income: Projected to grow about 30% annually, to $4.6 billion in 2028.
Adjusted Earnings Per Share: Expected to grow in the low 30% range annually through 2028 to $5.50.
Non-GAAP Cash Flow: Block’s new measure of adjusted cash flow that accounts for Block’s capital required to grow its lending products. The company expects this to reach 25% of gross profit by 2028, or more than $4.0 billion on a non-GAAP cash flow basis.
Rule of 40: Expect to achieve Rule of 40 in 2026 and sustain through 2028.

For 2026, Block expects to deliver 17% gross profit growth year over year to $11.98 billion, with Adjusted Operating Income and Adjusted Earnings per Share to grow over 30% to $2.70 billion and $3.20 respectively. For 2026, Block expects non-GAAP Cash Flow to be 20% of gross profit or $2.40 billion. In addition to providing its financial guidance, Block noted the $5 billion increase to its share repurchase program announced earlier in the day. As of September 30, 2025, approximately $1.1 billion remained under the Company’s prior $4 billion share repurchase authorization.

“We’re moving faster with greater scale and efficiency, driving product velocity across Square and Cash App to serve more customers and help them participate in the modern economy,” said Amrita Ahuja, Block’s Chief Operating Officer and Chief Financial Officer. “Our guidance reflects the strength of our connected ecosystems and our ability to deliver compounding growth while expanding margins. We’ll continue to invest in innovation across our networks to sustain performance and create long-term value for our customers and shareholders.”

A replay of the Investor Day webcast and accompanying materials will be available at www.block.xyz/investor-day-2025.

Non-GAAP Financial Measures

We have not provided the forward-looking GAAP equivalents to our non-GAAP financial targets or outlook or GAAP reconciliations as a result of the uncertainty regarding, and the potential variability of reconciling items such as stock-based compensation and income tax. Accordingly, a reconciliation of these non-GAAP guidance metrics to their corresponding GAAP equivalent is not available without unreasonable effort. However, it is important to note that the reconciling items could have a significant effect on future GAAP results.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or our future financial or operating performance. These statements include, but are not limited to, statements regarding our future plans, strategies, expectations, and anticipated trends. Forward-looking statements are often identified by words such as “may,” “will,” “appears,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential,” or “continue,” or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans, or intentions.

These forward-looking statements are based on our management’s current beliefs, expectations, and assumptions regarding future events and are, therefore, subject to a number of known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results, performance, or achievements to differ materially from results expressed or implied by such statements. Important factors that could cause actual results to differ materially include those described in our most recent filings with the Securities and Exchange Commission. Except as required by law, we assume no obligation to update any of these forward-looking statements.

About Block

Block, Inc. (NYSE: XYZ) builds technology to increase access to the global economy. Each of our brands unlocks different aspects of the economy for more people. Square makes commerce and financial services accessible to sellers. Cash App is the easy way to spend, send, and store money. Afterpay is transforming the way customers manage their spending over time. TIDAL is a music platform that empowers artists to thrive as entrepreneurs. Bitkey is a simple self-custody wallet built for bitcoin. Proto is a suite of bitcoin mining products and services. Together, we’re helping build a financial system that is open to everyone. Block.xyz

Contacts

Media Contact 
press@block.xyz 

Investor Relations Contact 
ir@block.xyz

Cobalt Named a Leader in the 2025 GigaOm Radar for Pentest-as-a-Service for the Fourth Consecutive Year

Press Room Team — Wed, 19 Nov 2025 20:34:46 +0000

Named both a Leader and Fast Mover for its aggressive roadmap and PTaaS testing methodologies in AI and LLM

SAN FRANCISCO–(BUSINESS WIRE)–Cobalt, the pioneer of penetration testing as a service (PTaaS) and leading provider of human-led, AI-powered offensive security solutions, today announced it has been named both a Leader and Fast Mover in the 2025 GigaOm Radar for Pentest -as-a-Service. The report evaluates platforms on maturity, roadmap execution, feature completeness, scalability, and ability to support continuous offensive security programs.

The Cobalt Offensive Security Platform centralizes access to security services from the company’s team of expert pentesters, making it easier to find and fix vulnerabilities across environments. By enabling faster pentest launches, real-time collaboration with testers, continuous scanning, and seamless integration with remediation workflows, organizations can identify and fix vulnerabilities before malicious hackers can exploit them.

The 2025 GigaOm Radar notes that Cobalt “delivers an aggressive roadmap responding to emerging security threats and testing methodologies. Cobalt emphasizes rapid development of new testing capabilities, particularly in specialized areas like AI and LLM security testing, while maintaining flexibility to adapt to evolving customer requirements.”

As noted in the 2025 GigaOm Radar, “The predominance of vendors in the Challenger circle suggests a market that is competitive but still developing, with relatively few breaking through to Leader status.” This dynamic reflects increasing buyer expectations around maturity, integration with engineering workflows, and measurable security outcomes.

“Security teams are shifting from point-in-time assessments to continuous validation,” said Gunter Ollmann, CTO, Cobalt. “Cobalt provides the scale, automation, and testing expertise needed to support that transition in a way that aligns directly with how product and solution teams work. This recognition as both a Leader and Fast Mover reflects our commitment to advancing how offensive security is delivered and operationalized across development and release cycles.”

The report highlights Cobalt for its strength in:

Workflow integration: Embedding testing and remediation directly into development and ticketing workflows, with support for tools such as Jira, Azure DevOps, GitHub, Bitbucket, ServiceNow, Zendesk, Slack, and Microsoft Teams (Beta).
Extensibility: Automating and orchestrating offensive security through a public RESTful API and integration builder, enabling alignment with broader engineering and security toolchains.
Flexible consumption: Scaling testing programs through a credit-based procurement model that enables rapid pentest launch, dynamic resource allocation, and predictable budget planning.

The 2025 GigaOm Radar evaluates 16 of the top Pentest-as-a-Service solutions against the capabilities (table stakes, key features, and emerging features) and business criteria defined in the accompanying Key Criteria. This report offers a structured view of the PTaaS landscape, highlights platforms demonstrating leadership in scalability and operational maturity, and helps organizations assess which solutions best support continuous and repeatable offensive security programs.

The 2025 GigaOm Radar for Pentest-as-a-Service is available here.

To learn more about Cobalt and it’s positioning in the GigaOm Radar Report for the Fourth Consecutive Year, visit our blog.

About Cobalt

Cobalt is the pioneer in pentesting as a service (PTaaS) and a leader in human-led, AI-powered offensive security services. We are focused on combining talent and technology with speed, scalability, and expertise. Thousands of customers and hundreds of partners rely on the Cobalt Offensive Security Platform, along with 500+ trusted security experts, to find and fix vulnerabilities across their environments. By enabling faster pentest launches, real-time collaboration with pentesters, and seamless integration with remediation workflows, we help organizations identify critical issues and accelerate risk mitigation so they can operate fearlessly and innovate securely.

Cobalt maintains an outstanding NPS of 9.12, reflecting its dedication to customer satisfaction. Read our reviews on G2 to see why customers love us. More at https://www.cobalt.io. Follow Cobalt on LinkedIn and X.

Contacts

Media Contact:
Leslie Kesselring

Kesselring Communication for Cobalt

leslie@kesscomm.com

Motorola Solutions Acquires Blue Eye, Leading Provider of AI-powered Enterprise Remote Video Monitoring Services

Press Room Team — Wed, 19 Nov 2025 20:34:45 +0000

CHICAGO–(BUSINESS WIRE)–Motorola Solutions (NYSE: MSI) today announced it has acquired Blue Eye, a leading provider of AI-powered enterprise remote video monitoring (RVM) services, based in Salt Lake City, Utah.

Blue Eye provides a comprehensive RVM service powered by AI to help detect threats in real time, enabling live voice talk-downs to deter crime and providing verified alerts to help accelerate law enforcement response. The company’s software platform is interoperable with leading cameras and video management systems (VMS), allowing enterprises to integrate with existing security solutions.

These RVM services are managed by 24-hour security operations centers (SOCs) that provide businesses with enhanced situational awareness and includes reporting analytics that highlight activity trends.

“Security professionals know that the challenge isn’t solely identifying the threat; it’s about moving from detection to action in a matter of seconds,” said Mahesh Saptharishi, executive vice president and chief technology officer, Motorola Solutions. “The acquisition of Blue Eye is a key component of our strategic focus to provide a single, tightly integrated workflow that seamlessly connects threat detection, verification and response.”

Relied upon by retail, warehouse, manufacturing and distribution centers, critical infrastructure, and commercial real estate owners, Blue Eye’s platform helps business owners access real-time intelligence to help reduce loss or damage, mitigate risk and enhance profitability.

Motorola Solutions plans to integrate its advanced AI capabilities into Blue Eye’s RVM platform, further differentiating this technology. For example, an AI-powered detection from Motorola Solutions’ Visual Alerts can be verified by Blue Eye and fed directly into our incident management platform, Inform, to automatically orchestrate a response. Additionally, the company plans to expand Blue Eye’s reach across key enterprise sectors through Motorola Solutions’ channel partner network.

“Blue Eye’s purpose is to deliver proactive, real-time security and business optimization. Joining Motorola Solutions allows us to accelerate this mission,” said Steve Jackson, CEO, Blue Eye. “Motorola Solutions’ global scale and deep AI expertise will help expand our reach, advance our solutions and deepen our impact on enterprise security.”

Terms of the transaction were not disclosed.

About Motorola Solutions | Solving for safer

Safety and security are at the heart of everything we do at Motorola Solutions. We build and connect technologies to help protect people, property and places. Our solutions foster the collaboration that’s critical for safer communities, safer schools, safer hospitals, safer businesses, and ultimately, safer nations. Learn more about our commitment to innovating for a safer future for us all at www.motorolasolutions.com.

Motorola Solutions Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of applicable federal securities law. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and generally include words such as “believes,” “expects,” “intends,” “plans,” “anticipates,” “estimates” and similar expressions. The company can give no assurance that any actual or future results or events discussed in these statements will be achieved. Any forward-looking statements represent the company’s views only as of today and should not be relied upon as representing the company’s views as of any subsequent date. Readers are cautioned that such forward-looking statements are subject to a variety of risks and uncertainties that could cause the company’s actual results or events discussed in these statements to differ materially from the statements contained in this release. Such forward-looking statements include, but are not limited to, Motorola Solutions’ ability to integrate Blue Eye’s products and services into its portfolio and offerings to customers and expand Blue Eye’s reach. Motorola Solutions cautions the reader that the risks and uncertainties below, as well as those in Part I Item 1A of Motorola Solutions’ 2024 Annual Report on Form 10-K and in its other SEC filings available for free on the SEC’s website at www.sec.gov and on Motorola Solutions’ website at www.motorolasolutions.com, could cause Motorola Solutions’ actual results or events discussed in these statements to differ materially from those estimated or predicted in the forward-looking statements. Many of these risks and uncertainties cannot be controlled by Motorola Solutions and factors that may impact forward-looking statements include, but are not limited to, Motorola Solutions’ ability to successfully integrate and operate Blue Eye. Motorola Solutions undertakes no obligation to publicly update any forward-looking statement or risk factor, whether as a result of new information, future events or otherwise.

Contacts

Media Contact
Courtney Terlecki

Motorola Solutions

courtney.terlecki@motorolasolutions.com
+1 224-210-4355

Investor Contact
Tim Yocum

Motorola Solutions

tim.yocum@motorolasolutions.com
+1 847-576-6899

92% of Australian Organisations Are Failed by Identity Security: RSA ID IQ Report Unveils Top Identity Threats

Press Room Team — Wed, 19 Nov 2025 20:34:45 +0000

Key findings from the 2026 report include:

Identity breaches surge, driving escalating costs
Help desk hijacks emerge as a major threat
AI optimism is high, but passwordless progress needs more work

SYDNEY–(BUSINESS WIRE)–A new global report from RSA, the security-first identity leader, reveals that identity caused both, more frequent and more expensive data breaches this year than last. The 2026 RSA ID IQ Report reveals critical insights from more than 2,100 cybersecurity, identity and access management (IAM), and IT professionals on how frequently identity fails organisations, the financial impacts their organisations suffered when it did, attitudes on AI’s cybersecurity potential, the factors limiting the growth of passwordless authentication, and more. The report also details key differences that set Australian organisations apart from their global peers.

Key findings include:

Identity breach frequency surged: 69% of organisations experienced an identity-related breach in the last three years, a 27-percentage-point increase year over year. That 64% relative increase suggests either a surge in successful identity attacks, better detection or reporting, or both. In either case, the report shows that the identity risk environment has become even more dangerous. Australia suffers even more identity breaches than the rest of the world, with 92% of respondents in the country reporting an identity breach in the last three years, 23 percentage points above the global average.
Identity breach costs escalated: 45% of organisations said that the cost of an identity-related breach exceeded the typical cost of a breach as defined by IBM. Notably, 24% of organisations said costs exceeded $10M, a three-percentage-point year-over-year increase since the previous year’s survey. Australian respondents report greater losses than their global peers, with 44% saying identity breaches cost them more than $10M USD.
IT Help Desk bypass and social engineering attacks are a top threat: Following high-profile breaches at MGM Resorts, Caesars Entertainment Group, and Marks & Spencer where threat actors gained initial access by attacking those organisations’ IT help desks, 65% of organisations are seriously concerned about a similar attack, and 51% consider service desk bypass attacks their most significant risk
Passwordless adoption faces hurdles: 90% of organisations reported challenges in moving toward passwordless authentication. This struggle is reflected in user behavior, as 57% still don’t use passwordless as their primary authentication method.
Cybersecurity’s AI optimism & adoption: The cybersecurity sector is largely optimistic about AI, with 83% expecting it to benefit cybersecurity more than it will benefit cybercrime in the next three years. This optimism translates into action: 91% of organisations plan to implement AI in their tech stack this year, marking a 12-percentage-point increase year-over-year. Australia reports an even greater commitment to integrating AI than their peers, with 86% of organisations there saying they plan to bring the technology to their tech stack this year.

“The 2026 RSA ID IQ Report underscores that identity simply fails too many organisations too often,” said RSA CEO Greg Nelson. “The likelihood of a breach—and the cost of inaction—are too high for leaders to tolerate the status quo. Instead, these new findings should urge organisations to act quickly to keep themselves secure.”

“Identity-related breaches exploded in 2026, jumping from impacting 42% of organisations to 69% in just one year, with help desk social engineering emerging as a major new attack vector,” said RSA Chief Marketing and Growth Officer Laura Marx. “It’s urgent that leaders use this data to assess their identity capabilities and prioritize the actions to stay safe.”

“The 2026 RSA ID IQ Report underscores why Australian organisations must prioritize identity security, and the high costs they’ll suffer if they don’t,” said Craig Dore, RSA Field CTO APK. “Security leaders here should download the report to learn about the global trends shaping identity security and the pronounced local risks that set Australia apart.”

Resources:

Download the 2026 RSA ID IQ Report
Download the 2026 RSA ID IQ Report Infographic
Watch the APJ ID IQ Report Webinar on demand

About RSA:

RSA provides mission-critical cybersecurity solutions that protect the world’s most security-sensitive organisations. The RSA Unified Identity Platform provides true passwordless identity security, risk-based access, automated identity intelligence, and comprehensive identity governance across cloud, hybrid, and on-premises environments. More than 9,000 high-security organisations trust RSA to manage more than 60 million identities, detect threats, secure access, and enable compliance. For additional information, visit our website to contact sales, find a partner, or learn more about RSA.

Contacts

teamrsa@axicom.com

Cats Claim Record Share of Veterinary Visits as Feline Market Momentum Builds

Press Room Team — Wed, 19 Nov 2025 20:34:45 +0000

New CATalyst Council Report Shows Three-Year Growth Streak, Highest Q3 Feline Market Share on Record

ANNAPOLIS, Md.–(BUSINESS WIRE)–The feline veterinary market is reaching an inflection point, according to newly released data from CATalyst Council showing cats now represent 23 percent of all clinical visits–the highest third-quarter proportion ever recorded. CATalyst Council Feline Veterinary Market Insights: Volume IV reveals that while overall companion-animal clinical visits have declined year over year since 2022, feline clinical visits continue their upward trajectory, extending a three-year pattern of growth that is reshaping the veterinary landscape.

The numbers tell a compelling story: In Q3 2025, feline clinical visits increased 2%, outpacing all-species visit growth for the third consecutive year. This sustained momentum–combined with kitten adoptions that remain above pre-COVID levels even as puppy adoptions decline–signals a fundamental shift in companion-animal medicine.

“We’re seeing sustained momentum, not just a moment,” said Kristin Wuhrman, Vice Chair of CATalyst Council. “The continued rise in feline visits tells a clear story: cats are shaping the future of companion-animal medicine. Their needs, behaviors, and subtle health cues demand thoughtful, species-specific care. Practices that lean into understanding cats more deeply will lead this next chapter.”

The strategic implications are significant. CATalyst Council projects the U.S. feline veterinary market has the potential to grow 2.5 times to $32 billion if feline medicalization matched that of dogs–representing one of the most substantial growth opportunities in companion-animal healthcare.

Four Critical Trends Driving Feline Market Growth

CATalyst Council Feline Veterinary Market Insights: Volume IV identifies key patterns behind the feline surge:

Growth across the care continuum: Both wellness and non-wellness feline visits are increasing, demonstrating expansion in preventive care and illness-related treatment alike.
Demographic advantage: Kitten adoptions remain above pre-COVID levels while puppy adoptions continue to decline, positioning the feline segment for sustained growth.
Inflation pressures: Veterinary services inflation continues to outpace the Consumer Price Index, affecting pet affordability and underscoring the need for accessible care models.
Technology as an accelerator: Innovation in behavioral data, AI-enabled home monitoring, and diagnostics is emerging as a critical enabler for earlier detection and preventive feline care–with potential to accelerate feline medicalization beyond other species.

“This data reinforces something we’ve observed for decades in feline medicine: when you remove barriers to care and make visits easier for cats and their people, utilization goes up,” said Jane Brunt, DVM, Executive Director of CATalyst Council. “As more practices embrace feline-friendly approaches, we’re watching the gap narrow and outcomes improve. This is good news for cats, caregivers, and the profession.”

A Market That Matters

The report’s findings carry strategic weight for the entire veterinary industry. Supported by aggregated data from U.S. veterinary practices across multiple sources, the analysis shows that cats are increasingly contributing to practice stability at a time when overall visit volumes face headwinds.

“With feline visits rising while overall visits plateau, the long-term outlook for veterinary growth will increasingly depend on how effectively we serve cats and their families,” said Jon Ayers, Chair of the CATalyst Council Market Insights Committee. “The data is clear, and the opportunity is significant.”

“Feline medicine has reached an inflection point,” added Anne Ward, DVM, Chair of CATalyst Council. “The growing engagement from veterinary professionals, industry partners, and caregivers reflects a shared commitment to elevating care for cats. This report highlights both the progress we’ve made and the work still ahead, and CATalyst Council is proud to help drive that momentum across the profession.”

Looking Ahead: Landmark Pet Ownership Study

CATalyst Council Feline Veterinary Market Insights: Volume IV also previews CATalyst Council’s forthcoming 40,000-household U.S. pet ownership survey, developed in partnership with Forward Group and Kynetec. The study–now approved by an Institutional Review Board (IRB)–will provide the most comprehensive understanding of U.S. pet ownership and veterinary utilization since the COVID-19 pandemic. Findings will inform the 2026 CATalyst State of the Cat Report, which will be released early next year.

To receive updates or inquire about the benefits of sponsorship, please visit catalystcouncil.org and follow Catalyst Council on LinkedIn.

About CATalyst Council

CATalyst Council is a national 501(c)(3) dedicated to advancing feline health and elevating the human-feline bond. The organization convenes veterinary leaders, industry partners, and researchers to deliver evidence-based resources, encourage community collaboration, and ensure all companion cats receive lifelong care.

Contacts

FOR MORE INFORMATION

Jane Brunt, DVM

jane.brunt@catalystcouncil.org
Phone: 410-627-7921

Meridian Launches Frame, an AI Document Builder for Private-Markets Investors

Press Room Team — Wed, 19 Nov 2025 20:34:44 +0000

NEW YORK–(BUSINESS WIRE)–Meridian today announced Frame, an AI-powered document builder with integrated deal scoring that converts CIMs and detailed decks into structured, accurate, branded investment summaries using firm-defined scoring criteria.

Frame extracts the core financial, operational, and qualitative details from complex materials and rebuilds them into consistent, shareable outputs that investment teams can circulate internally with confidence.

The product is available today with a 10-day free trial at meridian-ai.com/meridian-frame.

Key capabilities

Intelligent parsing of CIMs, decks, and diligence materials
Structured extraction of financials, KPIs, risks, and qualitative drivers
Automated creation of firm-branded templates and layouts
Customizable deal scoring with firm-defined positive and negative factors
Automatic normalization of charts, tables, and metrics

Why Meridian built Frame

Meridian has developed a series of AI-powered workflow tools embedded in its CRM, including agents for company sourcing, data enrichment, note generation, reporting, web search, and deal workflows. These capabilities sit within the broader platform and require an enterprise deployment.

“Frame gives investors a quick way to try one of our AI tools in a fast, self-serve format. It lets teams experience the power of our document engine and get a feel for Meridian’s automation potential without needing a firm-wide license to the full platform,” said Alexander Sen, founder and CEO of Meridian.

Even more powerful with Meridian

Frame works as a standalone product, but it becomes significantly more powerful when connected to Meridian. Investors can pull:

Full CRM context from every interaction
Integration with Outlook, your deal drive (Sharepoint etc.)
26 million+ company and people records
Live data integrations, AI enrichment, and news updates
Thematic sourcing data and market maps

Templates merge live firm data with extracted document content, creating fully structured, up-to-date reports in a fraction of the usual time.

About Meridian

Meridian is the AI-native operating system for private-markets teams, combining deal software, proprietary datasets, and advanced AI to modernize sourcing, evaluation, and execution.

The company was founded by a veteran team with experience at Blackstone, Thoma Bravo, PitchBook, Juniper Square, and other leading private equity firms. Meridian is headquartered in New York and Miami.

Learn more at meridian-ai.com.

Contacts

Media Contact
Jane Camp

Operations Manager | Meridian AI

marketing@meridian-ai.com

Navy Federal Credit Union Marks Membership Milestone with Renewed Commitment to Supporting Military Community

Press Room Team — Wed, 19 Nov 2025 20:34:44 +0000

As it welcomes its 15 millionth member, Navy Federal commits $10 million this year to organizations that support Servicemembers, Veterans and their families.

VIENNA, Va.–(BUSINESS WIRE)–#CreditUnions–As Navy Federal Credit Union welcomes its 15 millionth member this fall, the credit union reaffirms its commitment to supporting members’ financial health, not only through an enhanced suite of custom products and services but also by strengthening support for Servicemembers, Veterans and their families.

The credit union is on track to donate more than $10 million to more than 500 community-based organizations by year’s end. This enterprise-wide effort incorporates both large financial commitments as well as smaller donations and on-the-ground volunteer support for organizations serving the military community, made possible in part by the credit union’s policy providing employees with eight hours per year of paid volunteer leave.

The credit union also recently offered its interest-free paycheck-assistance program for eligible members whose pay has been affected during the government shutdown, continuing a tradition of assistance seen during previous shutdowns in 2011, 2013 and 2018-19. Navy Federal’s government shutdown support dispersed more than 195,000 loans totaling more than $350 million, with zero impact to our members’ credit history (no credit check is required) and 0% in interest charged. Navy Federal also worked to assist members with managing more than $2.5 billion in loan balances.

This comes on top of billions in earnings and savings members enjoy annually. Last year, members collectively earned and saved more than $4.3 billion—thanks to better interest rates, lower fees and exclusive member discounts. Members also continue to benefit from products and services tailored to the military community, such as a new resource hub to ease permanent changes of station (PCS). The hub helps Servicemembers navigate reimbursement processes, identify childcare providers and track expenses with checklists, spending calculators, subscription and bill managers, and 24/7 access to financial counselors.

Also new this year is a secured credit card with unlimited 1% cash back on all purchases; a new graduate student loan product to support members pursuing advanced degrees; checking account and other enhancements; and a new strategic partnership with a network of over 130 credit unions jointly investing in fintech solutions to automate lending, prevent fraud, and improve member experience. This partnership complements other new investments in artificial intelligence and digital investment tools.

At the same time, Navy Federal remains committed to growing its branch network, with more than 370 branches, many on or near military bases. In addition, Navy Federal is proud to operate the Overseas Military Banking Program in collaboration with the US Department of Defense. This program operates some sixty branch offices and hundreds of ATMs on designated military installations under the name “Community Bank.” Community Bank expands access to currency exchange services, foreign bill payment services, checking/savings accounts, and other specialized financial services to those Servicemembers deployed abroad across 10 countries and territories.

For the 10th straight year, Navy Federal Credit Union ranked first among US multichannel banks for customer experience (CX) quality, according to Forrester’s latest Customer Experience Index (CX Index) Rankings. The report recognizes brands that create and sustain customer loyalty. Also this year, the credit union marked its 14th consecutive appearance on the FORTUNE 100 Best Companies to Work For^® list and was recognized by Newsweek as a Most Trustworthy Company in America; by People as one of 100 Companies that Care; and by Forbes as one of America’s Best Employers for Company Culture.

“For nearly 93 years, Navy Federal has been driven by our commitment to give back to the community that gives so much to our country,” said Dietrich Kuhlmann, Navy Federal’s President and CEO. “We carry out this pledge every day—across hundreds of branches worldwide, through products and services tailored to military families, and with active volunteer engagement in military communities. As we mark a new milestone in our membership, Navy Federal remains focused on ensuring we are properly positioned to serve the financial needs of America’s men and women in uniform, our nation’s Veterans, and their families.”

Central to these efforts is a business unit launched this year to bolster the credit union’s impact in military communities. Led by Retired US Navy Captain Keith Hoskins, Navy Federal’s new Office of Military Affairs and Strategic Partnerships is streamlining the credit union’s philanthropic endeavors; strengthening partnerships with organizations that provide direct support to the military community; and advocating for public policies that protect financial cooperatives’ ability to prioritize the needs of members.

As part of this work, Navy Federal is overseeing a three-year partnership with the USO to support financial wellness—a key need in the military community. Thanks to Navy Federal’s $9 million investment over three years ($3 million per year from 2024 to 2026), the USO is expanding its financial education programming for early-career Servicemembers and spouses.

Navy Federal is also partnering with military relief societies and The Bob Woodruff Foundation, which helps provide Servicemembers, Veterans and military families with financial literacy education, emergency financial assistance, and disaster aid. In addition, Navy Federal’s commitment to the Armed Services YMCA enables them to provide junior enlisted personnel and families with needed programs and services.

In honor of National Veterans and Military Families Month, the credit union chose to support Travis Manion Foundation, which supports community service projects for Veterans, their families and community members. Navy Federal will make additional planned gifts to the Marine Toys for Tots Foundation, which supports toy collections at 330 Navy Federal branches and benefits disadvantaged children, and to Hire Heroes USA, which helps Veterans, transitioning Servicemembers and military spouses find meaningful employment.

Navy Federal team members are also giving their time this season. They’ll be making over 900 no-sew blankets in support of Soldiers’ Angels “Operation Warm Winter” and participating in holiday donation drives benefiting Project Neighbors and the Marine Toys for Tots programs.

These seasonal commitments build on earlier engagements this year with partners including The Honor Foundation, which helps men and women of the Special Operations Forces (SOF) community transition to civilian life; Portraits For Patriots^®, which supports transitioning Servicemembers, military spouses, and Gold Star families; and DogTag Inc, which supports military-affiliated entrepreneurship.

In September, the credit union again teamed up with Feeding America^®, the largest hunger-relief organization in the United States, to support communities in need through No Plate Left Behind, a nationwide campaign combating food insecurity. In total, No Plate Left Behind donated more than 28 million* meals to those in need. Team members also donated nonperishable food items at collection bins at Navy Federal campuses and branches.

In August, the credit union dispersed $1,000 grants to 100 qualifying nonprofits supported by Navy Federal team members through its annual “Dollars for Doers” initiative. Over the past 18 years, the program has donated nearly $2 million to charities where employees have donated their time. Nearly a quarter of this year’s grants support causes benefiting military families and Veterans.

Navy Federal also engaged members and team members in its annual Back-to-School campaign this summer to prepare kids for the school year. Team members at Navy Federal campuses across California, Florida and Virginia donated pencils, markers, binders and other school supplies to local United Way chapters, while stateside branches donated backpacks to military kids in partnership with Operation Homefront. Last year, collections exceeded $20,000 worth of school supply items from campus employees, and more than 1,100 books were donated to military families through virtual book drives hosted by United Through Reading.

Navy Federal is also proud to be the official Military Appreciation Partner of the National Hockey League (NHL). Alongside the annual Navy Federal Credit Union NHL Stadium Series^TM, the credit union hosts a one-of-a-kind military hockey tournament—highlighting all-Veteran hockey teams committed to serving their local communities and growing the sport of hockey nationwide. The credit union also sponsored Military Makeover with Montel^® , a home remodeling show for members of the military community; put on MAM JAM, a concert series held near military communities in Texas and North Carolina that featured Grammy-winning country duo Dan + Shay; and supported military communities in many other ways this year.

“We’re grateful to every one of our 15 million members for the trust they continue to place in us,” said Kara Cardona, the credit union’s COO. “As we celebrate this milestone and pay tribute to our nation’s Servicemembers, Veterans and their families, Navy Federal is singularly focused on our mission to put our members first. This means equipping our team to provide world-class service, offering the very best and most meaningful financial products and support, and continuing our work to strengthen the communities in which we live and work.”

About Navy Federal Credit Union: Established in 1933 with only seven members, Navy Federal now has the distinct honor of serving more than 15 million members globally and is the world’s largest credit union. As a member-owned and not-for-profit organization, Navy Federal always puts the financial needs of its members first. Membership is open to all Department of Defense and Coast Guard Active Duty, Veterans, civilian and contractor personnel, and their families. Navy Federal employs a workforce of over 25,000 and has a global network of more than 370 branches. Navy Federal is contracted to operate the Overseas Military Banking Program under the authority of the Department of Defense, which provides Active Duty military Servicemembers deployed overseas with access to some 60 branches and hundreds of ATMs spread across 10 countries and territories. For more information about Navy Federal Credit Union, visit navyfederal.org.

*$1 helps provide more than 10 meals provided by Feeding America on behalf of partner food banks

Contacts

Media Contact: Allison Stevens

Corporate Communications

Corporate_Communications@navyfederal.org

LICT Corporation Announces Continuation of Shareholder Designated Charitable Contribution Program

Press Room Team — Wed, 19 Nov 2025 20:34:44 +0000

RYE, N.Y.–(BUSINESS WIRE)–The Board of Directors of LICT Corporation (OTC Pink: LICT) is privileged to announce its Shareholder Charitable Contribution Program for all registered shareholders. All registered shareholders will be eligible to designate 501(c)3 charities to which the company will make a donation of $100 per share on behalf of the shareholder. If all shares are registered in the shareholders’ names at the record date, the total contribution would be approximately $1.6 million.

Since the program’s inception in 2016, LICT has made more than $10 million in contributions to 501(c)3 charities designated by registered shareholders.

At LICT, we continue to believe charitable giving is a cornerstone of society and an obligation for those with means to make a difference in the world.

Shareholders’ shares need to be registered to be eligible to participate in this charitable program. Therefore, any shareholder who has shares that are currently held in street name and wish to participate in this program should contact the institution holding the shares to arrange for their registration in the shareholder’s own name.

Shareholders will have until December 15, 2025, to register shares in their own name to participate in the program. LICT will then distribute a charitable contribution form to all registered shareholders. Completed forms must be returned to LICT no later than January 12, 2026, for the charitable contribution to be made. Only charities that are recognized 501(c)3 organizations will be qualified to receive the donation from LICT on the shareholder’s behalf. A list of eligible charities is available at: Guidestar.org

This release contains certain forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and the Securities Exchange Act of 1934, as amended, including without limitation anticipated financial results, financing, capital expenditures and corporate transactions. It should be recognized that such information is based upon certain assumptions, projections and forecasts, including without limitation business conditions, financial markets and the cautionary statements set forth in documents filed by LICT on its website, www.lictcorp.com . As a result, there can be no assurance that any possible transactions will be successful or that financial or other targets will be met. Such forward-looking information is subject to uncertainties, risks and inaccuracies, which could be material.

Contacts

Joe Cecin

COO

Stephen J. Moore

VP- Finance

914-921-8821

www.lictcorp.com

TransMontaigne Partners LLC Announces Earnings Call Scheduled for November 25, 2025 to Discuss Third Quarter 2025 Financial Results

Press Room Team — Wed, 19 Nov 2025 20:34:44 +0000

DENVER–(BUSINESS WIRE)–TransMontaigne Partners LLC (“TransMontaigne”) today announced that it will host a conference call to discuss TransMontaigne’s third-quarter 2025 financial results on Tuesday, November 25, 2025, at 10:00 a.m. Mountain Time. The call will be available to current lenders in TransMontaigne’s revolving credit facility and senior secured term loan B and to holders of its senior unsecured notes (collectively “the Debt Holders”).

TransMontaigne’s quarterly report on Form 10-Q was filed with the Securities and Exchange Commission on November 14, 2025 and is available at www.transmontaignepartners.com under “SEC Filings”.

To participate in the conference call, register using the link or the button below:

https://www.netroadshow.com/events/login/LE9zwo49BP4HaDKr1xxLg3us5IU3aviUfl3

Avoid wait time – Bypass speaking with an operator to join the call
Receive a Calendar Invitation with call access details including your unique PIN

The conference call will only be available to TransMontaigne’s current Debt Holders, who will each be required to register to listen.

About TransMontaigne

TransMontaigne Partners LLC is an integrated terminaling, storage, transportation and related services company based in Denver, Colorado with operations in the United States along the Gulf Coast, in the Midwest, in Houston and Brownsville, Texas, along the Mississippi and Ohio rivers, in the Southeast, in the Pacific Northwest and along the West Coast. TransMontaigne provides integrated terminaling, storage, transportation and related services for customers engaged in the distribution and marketing of bulk liquids. News and additional information about TransMontaigne Partners LLC is available at: www.transmontaignepartners.com.

Contacts

Media Contact
Matthew White

prelease@transmontaigne.com