Brookfield Infrastructure Partners L.P. Unitholders Approve Proposed Corporate Simplification

BROOKFIELD, NEWS, Oct. 14, 2026 (GLOBE NEWSWIRE) — Brookfield Infrastructure Partners L.P. (“BIP”) (NYSE: BIP; TSX: BIP.UN) today announced that BIP unitholders voted overwhelmingly in favor of the resolutions approving the proposed corporate structure simplification (the “Simplification”) at a special meeting held virtually earlier today (the “Unitholders’ Meeting”). Completion of BIP’s conversion into a Canadian corporation is not conditional on approval by shareholders of Brookfield Infrastructure Corporation (“BIPC”) (TSX, NYSE: BIPC) and, subject to receipt of the final order of the Supreme Court of British Columbia approving the Simplification, is expected to occur before the end of 2026.

Brookfield Infrastructure also reminds BIPC shareholders that the rescheduled special meeting of shareholders of BIPC (the “Shareholders’ Meeting”) will be held on October 29, 2026 at 9:00 a.m. EDT.

Reminder to BIPC Shareholders to Vote

BIPC shareholders who have not yet voted are encouraged to vote their shares today.

The Simplification will result in BIP unitholders, and if approved by BIPC shareholders, holders of BIPC exchangeable shares, receiving class A subordinated voting shares (“Class A Shares”) of Brookfield Infrastructure Partners Inc. (“BIP Inc.”).

The Board of Directors of BIPC, based in part on the unanimous recommendation of its special committee (consisting entirely of independent directors) and the fairness opinion received from Scotiabank, unanimously determined that the Simplification is in the best interests of BIPC and have unanimously resolved to approve the Simplification and recommend that BIPC shareholders vote in favor of the Simplification.

Approval of the Simplification by BIPC shareholders will enable them to participate alongside BIP unitholders in the following benefits, among others:

  • Improved consolidated trading liquidity through a single listed security;
  • Increased demand from current indices and potential additional index inclusion;
  • Stronger alignment with long-term capital allocation trends toward indexable and ETF-eligible corporate securities;
  • Simplified investor analysis, screening, and benchmarking through a single listed reporting entity;
  • Broader access to a larger pool of investors who prefer corporate structures; and
  • Enhanced governance framework and voting rights for public securityholders.

BIPC shareholders are reminded that, if the Simplification is not approved at the Shareholders’ Meeting, then, upon closing of the BIP transaction, the BIPC exchangeable shares will remain outstanding and will become exchangeable on a one-for-one basis for BIP Inc. Class A Shares. As a result, the BIPC exchangeable shares would remain a separate, smaller security that is expected to have lower trading liquidity and more limited index participation than the combined security. Any subsequent exchange or redemption of BIPC exchangeable shares may not qualify for the same tax-deferred treatment as an exchange completed in connection with the Simplification.

The Shareholders’ Meeting will be held on October 29, 2026 at 9:00 a.m. EDT. The record date for determining shareholders eligible to vote at the Shareholders’ Meeting remains August 21, 2026, and the deadline for registered shareholders to cast their votes by proxy is 5:00 p.m. EDT on October 27, 2026. Shareholders who have already submitted a proxy do not need to vote again.

BIPC Shareholders who have Questions or Require Voting Assistance

Brookfield Infrastructure has retained Laurel Hill Advisory Group as its proxy solicitation agent. If you have any questions about the Shareholders’ Meeting or require assistance voting please contact Laurel Hill Advisory Group (“Laurel Hill”):

Toll Free: 1-877-452-7184 (toll free in North America)
International: 1-416-304-0211
Text: text “INFO” to either number above
Email: [email protected]

The Company may also use the services of Broadridge Investor Communications to assist eligible beneficial shareholders with voting their shares over the telephone with Laurel Hill. Many shareholders are eligible to vote quickly and easily over the phone, via email, or text message to help achieve the Simplification.

Voting Results of BIP Unitholders’ Meeting

At the Unitholders’ Meeting, unitholders were asked to consider and, if deemed advisable, pass (i) a resolution approving the plan of arrangement by which the Simplification will be implemented (the “Arrangement Resolution”), and (ii) a resolution approving an amendment to BIP’s limited partnership agreement to, among other things, provide for the Simplification (the “LPA Amendment Resolution” and, together with the Arrangement Resolution, the “BIP Transaction Resolutions”).

Each of the BIP Transaction Resolutions required the affirmative vote of (i) unitholders holding BIP units that in the aggregate represent a simple majority of the outstanding BIP units as of the close of business on the record date of August 21, 2026, and (ii) a simple majority of the votes cast by unitholders excluding the votes of any unitholder whose votes were required to be excluded for the purposes of “minority approval” under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”).

Approximately 60% of the issued and outstanding BIP units as of the record date were represented in person or by proxy at the Unitholders’ Meeting and over 99% of the votes cast were in favor of both resolutions.

Each of the BIP Transaction Resolutions was also approved by over 99% of the votes cast by minority unitholders for the purposes of “minority approval” under MI 61-101. Accordingly, all unitholder approvals required to implement the Simplification in respect of BIP have been obtained.

BIP’s full report of voting results in respect of the Unitholders’ Meeting have been filed with the applicable Canadian securities regulators and with the United States Securities and Exchange Commission and will be available under BIP’s profile on SEDAR+ at https://sedarplus.ca and on EDGAR at https://sec.gov.

If the necessary approvals are obtained, the hearing to obtain the final order from the Supreme Court of British Columbia approving the Simplification is expected to be held on or about November 3, 2026. Subject to the receipt of the final order, it is anticipated that the Simplification will be completed in the fourth quarter of 2026.

For additional information on the Simplification please see the joint management information circular filed with the applicable Canadian securities regulators and the United States Securities and Exchange Commission, which is available on SEDAR+ at https://sedarplus.ca and on EDGAR at https://sec.gov. Securityholders are urged to read the circular carefully.

Please note that BIP has applied for and received exemptive relief from the Ontario Securities Commission in order to not require further approval by the holders of Class A Shares of BIP Inc. for any future distributions of Class A Shares or securities that are, directly or indirectly, convertible into, or exercisable or exchangeable for, Class A Shares under a prospectus, conditional upon obtaining the required securityholder approvals described in the joint management information circular. Accordingly, (i) in respect of BIP, a vote in favor of the Simplification by BIP unitholders constituted voting in favor of BIP Inc.’s ability to conduct future issuances of Class A Shares or securities that are, directly or indirectly, convertible into, or exercisable or exchangeable for, Class A Shares pursuant to a prospectus, and (ii) in respect of BIPC, a vote in favor of the Simplification by BIPC shareholders will, in the event that the Simplification is approved by BIPC shareholders, constitute voting in favor of BIP Inc.’s ability to conduct future issuances of Class A Shares or securities that are, directly or indirectly, convertible into, or exercisable or exchangeable for, Class A Shares pursuant to a prospectus, in each case, without requiring further approval by holders of Class A Shares in accordance with National Instrument 41-101 – General Prospectus Requirements.

About Brookfield Infrastructure

Brookfield Infrastructure is a leading global infrastructure company that owns and operates high-quality, long-life assets in the utilities, transport, midstream and data sectors across the Americas, Asia Pacific and Europe. We are focused on assets that have contracted and regulated revenues that generate predictable and stable cash flows. Investors can access its portfolio either through Brookfield Infrastructure Partners L.P. (NYSE: BIP; TSX: BIP.UN), a Bermuda-based limited partnership, or Brookfield Infrastructure Corporation (NYSE, TSX: BIPC), a Canadian corporation. Further information is available at https://bip.brookfield.com.

Brookfield Infrastructure is the flagship listed infrastructure company of Brookfield Asset Management, a global alternative asset manager, headquartered in New York with over $1 trillion of assets under management. For more information, go to https://brookfield.com.

Contact Information

Media: Investor Relations:
John Hamlin
Director
Communications
Tel: +44 204 557 4334
Email: [email protected]
Stephen Fukuda
Managing Director
Corporate Development & Investor Relations
Tel: +1 416 956 5129
Email: [email protected]



This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.


Cautionary Statement Regarding Forward-looking Statements

This news release contains forward-looking statements and information within the meaning of Canadian provincial securities laws and “forward looking statements” within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, Section 21E of the U.S. Securities Exchange Act of 1934, as amended, the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and in any applicable Canadian securities regulations.

Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Forward-looking statements in this news release include statements regarding the Simplification, including whether it will be completed and its benefits. There can be no assurance that the BIPC shareholders will approve the Simplification or, if approved, that the Simplification will be completed.

The foregoing list of important factors that may affect future results is not exhaustive. Except as required by law, Brookfield Infrastructure does not undertake any obligation to publicly update or revise any forward-looking statements or information, whether written or oral, whether as a result of new information, future events or otherwise.



Coastal Community Bank Commits $5 Million to Support Small Business Growth and Economic Opportunity

Investment in SBA loan fund expands access to capital for local businesses and job creation

EVERETT, Wash., Oct. 14, 2026 (GLOBE NEWSWIRE) — Coastal Community Bank (the “Bank”, “Coastal”, “us”, “our”, “we”) announced a $5 million investment in the Solomon Hess SBA Loan Fund, reinforcing the Bank’s commitment to supporting small businesses, economic development, and job creation throughout Snohomish and King Counties. The investment advances Coastal’s Federal Reserve-approved Community Reinvestment Act (CRA) Strategic Plan and expands access to capital for businesses that may not qualify for traditional financing.

The investment supports the SBA 7(a) loan program, which helps small businesses secure financing needed to grow, create jobs, and contribute to local economic development. By purchasing federally guaranteed portions of SBA loans, Coastal helps increase the availability of capital to entrepreneurs and small business owners while supporting economic opportunity throughout the communities it serves.

“Small businesses are the backbone of our local economy,” said Cinnamon Chambers, SVP and CRA Officer at Coastal Community Bank. “When entrepreneurs have access to capital, they create jobs, expand services, and help build vibrant local communities. This investment allows us to support economic opportunity while fulfilling our commitment to making a measurable impact through our CRA Strategic Plan.”

“The SBA Loan Fund’s primary mission is to support job creation and retention in low- and moderate-income communities by investing in the guaranteed portion of SBA 7(a) loans. We’re proud to partner with Coastal Community Bank to support local small businesses in King and Snohomish Counties” – Bill Einstein, Founder and CFO. 

The investment is expected to support economic development activities that benefit communities throughout Coastal’s assessment area while strengthening opportunities for business growth and workforce development.

“Economic opportunity begins with access. By supporting the SBA 7(a) program, we are helping provide financing solutions that enable businesses to overcome barriers, pursue growth opportunities, and create positive economic impact throughout Snohomish and King Counties. Supporting small business success is one of the most meaningful investments we can make in the future of our communities,” said Chris Adams, Executive Chair at Coastal Community Bank.


About Coastal Financial

Coastal Financial Corporation (Nasdaq: CCB) (the “Company”), is an Everett, Washington based bank holding company whose wholly owned subsidiaries are Coastal Community Bank (“Bank”) and Arlington Olympic LLC. The $5.46 billion Bank provides service through 14 full-service branches in Snohomish, Island and King Counties, one loan production office in King County, the Internet and its mobile banking application. The Bank provides banking as a service to digital financial service providers, companies and brands that want to provide financial services to their customers through the Bank’s CCBX segment. To learn more about the Company visit www.coastalbank.com.


Contact


Chris D. Adams, Executive Chair of Coastal Financial Corporation, [email protected]
Eric Sprink, Chief Executive Officer, [email protected]
Joel G. Edwards, Chief Financial Officer, [email protected]


Forward-Looking Statements


This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements reflect our current views with respect to, among other things, future events and our financial performance. Any statements about our management’s expectations, beliefs, plans, predictions, forecasts, objectives, assumptions or future events or performance are not historical facts and may be forward-looking. These statements are often, but not always, made through the use of words or phrases such as “anticipate,” “believes,” “can,” “could,” “may,” “predicts,” “potential,” “should,” “will,” “estimate,” “plans,” “projects,” “continuing,” “ongoing,” “expects,” “intends” and similar words or phrases. Any or all of the forward-looking statements in this press release may turn out to be inaccurate. The inclusion of or reference to forward-looking information in this press release should not be regarded as a representation by us or any other person that the future plans, estimates or expectations contemplated by us will be achieved. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy and financial needs. Our actual results could differ materially from those anticipated in such forward-looking statements as a result of risks, uncertainties and assumptions that are difficult to predict. Factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, our ability to effectively evaluate and manage counterparty risk associated with CCBX partners and the risk that the conflicts in the Middle East and/or changes in U.S. trade policies, including the imposition of tariffs and retaliatory tariffs, may adversely impact our business, financial condition, and results of operations and those other risks and uncertainties discussed under “Risk Factors” in our Annual Report on Form 10-K for the most recent period filed and in any of our subsequent filings with the Securities and Exchange Commission.

If one or more events related to these or other risks or uncertainties materialize, or if our underlying assumptions prove to be incorrect, actual results may differ materially from what we anticipate. You are cautioned not to place undue reliance on forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made, and we undertake no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statement is made or to reflect the occurrence of unanticipated events, except as required by law.



SkyAI to Commence $3.00 Per Share/Warrant Tender Offer and File Offer Materials with the SEC After Market Close on October 15, 2026

SkyAI will commence a cash tender offer on October 15, 2026 for up to 95% of its outstanding shares, pre-funded warrants and strategic advisor warrants at $3.00 per share or warrant

SkyAI holds approximately $204.6M in cash and approximately 210,000 locked SOL as of October 14, 2026, and expects to hold no SOL once the Offer is completed

NEW YORK, Oct. 14, 2026 (GLOBE NEWSWIRE) — SkyAI, Inc. (Nasdaq: SKYA) (“SkyAI” or the “Company”) today announced that it will commence its tender offer (the “Offer”) on October 15, 2026, when it files a Tender Offer Statement on Schedule TO with the U.S. Securities and Exchange Commission (the “SEC”) after the market closes. The Company also provided an update on its net asset position.

On October 11, 2026, the Company announced its intention to purchase up to 95% of each class of its outstanding common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants, and strategic advisor warrants at a purchase price of $3.00 per share or warrant in cash (the “Purchase Price”). The Purchase Price represents a 65% premium to SKYA’s closing share price on October 9, 2026, the business day prior to the announcement of the Company’s intention to undertake the Offer, and a premium of over 100% to its 60-day volume-weighted average price as of that date.

As of October 14, 2026, the Company holds approximately $204.6 million in cash and approximately 210,000 locked SOL. Over the last few days, the Company sold a combination of liquid and locked SOL at an average price of $107.51 per SOL, net of fees, with sales spread out between BitGo, Anchorage and Coinbase. The Company intends to continue selling its remaining SOL holdings. Based on the Company’s current cash and SOL holdings, the Purchase Price of $3.00 represents a market net asset value (“mNAV”) multiple of approximately 0.95x.1

The Offer will expire at one minute after 11:59 p.m., New York City time, on October 29, 2026, unless extended or earlier terminated. The Offer is subject to the conditions described in the Offer to Purchase, including the minimum condition for each class. The Company expects to hold no SOL following completion of the Offer.

Holders of cash pre-funded warrants, cryptocurrency pre-funded warrants and the strategic advisor warrants who wish to participate in the Offer do not need to exercise their warrants into common stock first. They may tender their warrants directly into the Offer at a purchase price of $3.00 per warrant, under the procedures set forth in the Offer to Purchase, dated October 15, 2026, the related Letter of Transmittal and the other tender offer materials (the “Offer Materials”) that the Company will file with the SEC as exhibits to its Schedule TO. The Offer Materials will contain important information about the terms and conditions of the Offer.

Holders whose shares are held through a broker, dealer, commercial bank, trust company or other nominee should contact that nominee for instructions on how to tender. Questions and requests for assistance, or for additional copies of the Offer Materials, may be directed to MacKenzie Partners, Inc., the information agent for the Offer, at (800) 322-2885 or (212) 929-5500, or by email at [email protected].

Additional Information Regarding the Offer

The Offer described above has not yet commenced and may not commence. This communication is not an offer to buy nor a solicitation of an offer to sell any securities of the Company. Any solicitation and offer to buy shares, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic advisor warrants will only be made pursuant to a tender offer statement on Schedule TO, including an offer to purchase, a letter of transmittal and other related materials that the Company intends to file with the Securities and Exchange Commission. If applicable, once filed, investors will be able to obtain a free copy of these materials and all other documents filed by the Company with the SEC at the website maintained by the SEC at www.sec.gov. Investors may also obtain, at no charge, any such documents filed with or furnished to the SEC by the Company under the “Investors” section of the Company’s website at www.skyai.co. INVESTORS AND SECURITY HOLDERS ARE ADVISED TO READ THESE DOCUMENTS IF AND WHEN THEY BECOME AVAILABLE, INCLUDING THE OFFER MATERIALS OF THE COMPANY AND ANY AMENDMENTS THERETO, AS WELL AS ANY OTHER DOCUMENTS RELATING TO THE OFFER THAT ARE FILED WITH THE SEC, CAREFULLY AND IN THEIR ENTIRETY PRIOR TO MAKING ANY DECISIONS WITH RESPECT TO WHETHER TO TENDER THEIR SHARES, CASH PRE-FUNDED WARRANTS, CRYPTOCURRENCY PRE-FUNDED WARRANTS AND STRATEGIC ADVISOR WARRANTS INTO THE OFFER BECAUSE THEY CONTAIN IMPORTANT INFORMATION, INCLUDING THE TERMS AND CONDITIONS OF THE OFFER.

About SkyAI

SkyAI, Inc. (Nasdaq: SKYA) is building a financial platform that will combine stablecoin rails on Solana with AI. For additional information, please visit www.skyai.co.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the Section 27A of the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements in this release other than statements of historical fact are forward-looking statements, including statements regarding the Offer, including its timing, terms, funding and completion, the Company’s strategy and product roadmap and the potential opportunities such initiatives may create. Forward-looking statements are based on current expectations, assumptions, and beliefs, and involve risks and uncertainties that could cause actual results to differ materially.

Risks and uncertainties that could cause results to differ from expectations include: (i) uncertainties as to the timing and terms of the Offer; (ii) the risk that the Offer may not be completed in a timely manner or at all; (iii) uncertainties as to the percentage of the Company’s shareholders and/or warrant holders tendering their shares or warrants in the Offer; (iv) the possibility that any or all of the various conditions to the consummation of the Offer, including the minimum condition for each class, may not be satisfied or waived; (v) the occurrence of any event, change or other circumstance that could give rise to the termination of the Offer; (vi) the effect of the announcement or pendency of the Offer on the Company’s ability to retain and hire key personnel, its ability to maintain relationships with its customers, suppliers and others with whom it does business, its operating results and business generally or the trading market for its common stock; (vii) risks related to the Offer diverting management’s attention from the Company’s ongoing business operations; (viii) the risk that shareholder litigation in connection with the Offer may result in significant costs of defense, indemnification and liability; (ix) the Company’s ability to achieve the benefits contemplated by the Offer; and (x) risks and uncertainties pertaining to the Company’s business, including the price of SOL, the Company’s ability to sell SOL at acceptable prices to fund the Offer and the risks and uncertainties detailed in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025 and its other filings with the SEC, as well as the Offer Materials to be filed by the Company in connection with the Offer.

Forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update or revise these statements, whether as a result of new information, future developments, or otherwise, except as required by law.

Contact

Media Contact
Edelman Smithfield
[email protected]

Information Agent and Depositary Agent
MacKenzie Partners, Inc.
(800) 322-2885 or (212) 929-5500
[email protected]

______________

1 mNAV is the Purchase Price of $3.00 multiplied by approximately 70.6M shares of common stock, cash pre-funded warrants, cryptocurrency pre-funded warrants and strategic advisor warrants outstanding, divided by the Company’s net cash and digital assets. Net cash and digital assets is comprised of cash of approximately $204.6M, plus approximately 210,000 locked SOL valued at a 10% discount to a market price of $103 per SOL, all as of October 14, 2026.



Euronet Announces Third Quarter Earnings Release Date and Conference Call Details

LEAWOOD, Kan., Oct. 14, 2026 (GLOBE NEWSWIRE) — Euronet (NASDAQ: EEFT), a global payments infrastructure company and leader in payment processing and cross-border transactions, announced today it will release its third quarter 2026 earnings results prior to the market opening on Tuesday, October 27, 2026. Euronet will hold a conference call on the same day at 9:00 a.m. Eastern Time to discuss the results.

The conference call and accompanying slide show presentation will be accessible via webcast by following the link posted on http://ir.euronetworldwide.com. Participants wanting to access the conference call by telephone must register at the Euronet Worldwide Third Quarter 2026 Earnings Call web link to receive dial-in information. While not required, it is recommended that participants join the call five minutes before the event starts.

A webcast replay will be available beginning approximately one hour after the event at https://ir.euronetworldwide.com and will remain available for one year.

About Euronet

Euronet (NASDAQ: EEFT) is a global payments infrastructure company and leader in payment processing and cross-border transactions, operating for more than 30 years and now serving clients in 200+ countries and territories. We support financial institutions, merchants and global brands with technology-driven solutions, while enabling businesses and consumers to send, receive and spend money seamlessly worldwide. By operating one of the world’s largest independent electronic payment networks spanning merchant acquiring, transaction processing and point-of-sale infrastructure, Euronet enables real-time, digital and cross-border movement of money at global scale. In 2025, Euronet processed more than 20 billion transactions across its network. Headquartered in Leawood, Kansas USA, Euronet operates from 74 offices worldwide. For more information, visit www.euronet.com.

Euronet Contact

Stephanie Taylor     
913.327.4200
[email protected]



West Coast Community Bancorp Rings Nasdaq Closing Bell

SANTA CRUZ, Calif., Oct. 14, 2026 (GLOBE NEWSWIRE) — West Coast Community Bancorp (the “Company”) (Nasdaq: WCCB), the parent company of West Coast Community Bank, rang the Closing Bell at the Nasdaq MarketSite in Times Square on Monday, commemorating the Company’s listing on the Nasdaq Stock Market LLC (“Nasdaq”).

Krista Snelling, Chairman and CEO of West Coast Community Bancorp, participated in the Closing Bell Ceremony alongside other Bank executives and board members. The Company’s common stock began trading on Nasdaq on Sept. 16, 2026.

“Ringing the Nasdaq Closing Bell is an unforgettable moment for us. It’s also a reflection of the hard work and commitment of everyone at West Coast Community Bank,” said Snelling. “Each milestone we achieve is made possible by our team’s dedication to our clients, communities and each other. I couldn’t have been prouder to represent the entire WCCB team at Nasdaq.”

The Closing Bell Ceremony comes as West Coast Community Bank has earned several other industry recognitions, including:

    • No. 12 among the top 25 publicly traded banks in the country and No. 7 in the less than $5B asset group in Bank Director’s annual RankingBanking study.
    • No. 8 among U.S. community banks and No. 19 in Deposit Franchise Ranking, both for banks under $3B in assets, in S&P Global Market Intelligence.
    • No. 68 among top U.S. community banks with assets of $2B-$10B for full-year 2025 financial performance, ranked by American Banker Magazine.
    • 2026 Top Bay Area Corporate Philanthropists by the San Francisco Business Times and Silicon Valley Business Journal.
    • Krista Snelling named to American Banker’s The Most Powerful Women in Banking’s Women to Watch list for 2026, the third time she has received this recognition.

You can watch WCCB’s Closing Bell Ceremony here.

ABOUT WEST COAST COMMUNITY BANK

Founded in 2004, West Coast Community Bank is the wholly owned subsidiary of West Coast Community Bancorp, a bank holding company. The Bank is a top-rated, locally operated and full-service community bank headquartered in Santa Cruz, Calif. with branches in Aptos, Capitola, King City, Monterey, Salinas, San Jose, San Luis Obispo, Santa Cruz, Scotts Valley and Watsonville. West Coast Community Bank is distinguished from “big banks” by its relationship-based service, problem-solving focus and direct access to decision makers. The Bank also is an SBA Preferred Lending Partner. As a full-service bank, West Coast Community Bank offers competitive deposit and lending solutions for businesses and individuals; including business loans, lines of credit, commercial real estate financing, construction lending, asset-based lending, agricultural loans, SBA and USDA government guaranteed loans, credit cards, merchant services, remote deposit capture, mobile and online banking, bill payment and treasury management. True to its community roots, West Coast Community Bank supports regional well-being by actively participating in and donating to local nonprofit organizations. Visit investors.wccb.com for more information.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cc4630e8-fdc3-4692-8d30-ad91552f61bc



MEDIA CONTACTS
Krista Snelling, Chairman and Chief Executive Officer
Cecilia Situ, Executive Vice President and Chief Financial Officer
[email protected]

Institutional Property Advisors Brokers $204.75 Million Sale of 1,035-Bed Student Housing Property in Northern California

Institutional Property Advisors Brokers $204.75 Million Sale of 1,035-Bed Student Housing Property in Northern California

SAN JOSE, Calif.–(BUSINESS WIRE)–Institutional Property Advisors (IPA), a division of Marcus & Millichap (NYSE:MMI) dedicated to serving the company’s institutional clients, announced today the sale of The Grad San Jose, a 260-unit, 1,035-bed, purpose-built student housing asset near San Jose State University (SJSU) in San Jose, California, where enrollment reached nearly 41,000 students in fall 2026.

“Rising 19 stories just one block from San Jose State University, The Grad is a modern, Class A high-rise in the heart of Silicon Valley, a market with deep demand, compressed cap rates and significant barriers to entry,” said Peter Katz, IPA executive managing director investments. “At the time of sale, the property was 100% occupied for the second consecutive leasing season, with strong renewal activity supported by Fresno-based property manager BEKK Inc.” Katz, in association with Tony Solomon, Marcus & Millichap’s California broker of record, represented the sellers, AMCAL, Swenson and Tikehau Capital, and procured the buyer, a joint venture between Coastal Ridge Real Estate and Brookfield.

“Institutional demand for student housing remains strong, particularly for assets serving large universities where enrollment continues to grow,” said Andrew Leahy, IPA senior managing director. “The Grad’s location and scale next to San Jose State attracted institutional capital in the sector.”

“The Grad’s pedestrian-to-campus location, newer-vintage construction and resort-style amenity package provide the buying entity with a high-quality, irreplaceable asset positioned for operational upside in one of the nation’s most supply-constrained housing markets,” Katz added.

Completed in 2020, The Grad offers fully furnished one- to four-bedroom floor plans, most with private bedrooms and private bathrooms, along with fully equipped kitchens with stainless-steel appliances and in-unit washers and dryers. Community amenities include a resort-style pool and spa with cabanas, a 24-hour fitness center with spin and yoga studios, study lounges on every floor, a penthouse sky deck, an outdoor movie screen, sports courts and grilling stations.

About Institutional Property Advisors (IPA)

Institutional Property Advisors (IPA) is a division of Marcus & Millichap (NYSE: MMI), a leading commercial real estate services firm in North America. IPA’s combination of real estate investment and capital markets expertise, industry-leading technology, and acclaimed research offers customized solutions for the acquisition, disposition and financing of institutional properties and portfolios. For more information, please visit www.institutionalpropertyadvisors.com

About Marcus & Millichap

Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. Marcus & Millichap closed 8,818 transactions with a sales volume of $50.8 billion in 2025. The company had 1,808 investment sales and financing professionals in more than 80 offices at year end.

Gina Relva, VP of Public Relations

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Professional Services Education Residential Building & Real Estate Commercial Building & Real Estate Finance Construction & Property University

MEDIA:

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Iambic Announces Pricing of Initial Public Offering

Iambic Announces Pricing of Initial Public Offering

SAN DIEGO–(BUSINESS WIRE)–
Iambic Therapeutics, Inc. (Iambic) (Nasdaq: IAM), a clinical-stage life sciences and technology company advancing novel medicines using its AI-driven platform, today announced the pricing of its initial public offering of 9,375,000 shares of common stock at a public offering price of $16.00 per share. All of the shares of common stock are being offered by Iambic. The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Iambic, are expected to be $150.0 million. In addition, Iambic has granted the underwriters a 30-day option to purchase up to an additional 1,406,250 shares of common stock at the initial public offering price, less underwriting discounts and commissions. Iambic’s common stock is expected to begin trading on the Nasdaq Global Select Market on October 15, 2026, under the ticker symbol “IAM.” The offering is expected to close on October 16, 2026, subject to the satisfaction of customary closing conditions.

J.P. Morgan, Jefferies, BofA Securities and Citigroup are acting as joint book-running managers for the offering.

A registration statement relating to the offering has been filed with the Securities and Exchange Commission and became effective on October 14, 2026. The offering is being made only by means of a prospectus. A copy of the final prospectus, when available, relating to the offering will be available at www.sec.gov. Copies of the final prospectus may also be obtained, when available, from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by email at [email protected]; Jefferies LLC, Attention: Equity Syndicate Prospectus Department, 520 Madison Avenue, New York, New York 10022, by telephone at (877) 821-7388 or by email at [email protected]; BofA Securities, NC1-022-02-25, Attention: Prospectus Department, 201 North Tryon Street, Charlotte, North Carolina 28255-0001 or by email at [email protected]; or Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717 or by telephone at 1-800-831-9146.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About Iambic

Iambic’s mission is to make better technology for better medicines. By utilizing molecular superintelligence — integrating proprietary AI with automated, scalable chemistry and biology experimentation — our platform is designed to address the totality of drug discovery and development. We believe the utility of our platform is demonstrated by the discovery of IAM1363, a novel drug candidate advanced to clinic in approximately two years, along with a diverse preclinical pipeline. Our leading AI technologies include Enchant and NeuralPLexer for multimodal endpoint prediction designed to improve the speed, precision, and success rates of drug discovery and clinical development. At Iambic, we are building an engine that is designed to power the future of medicine.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding the closing of the public offering of common stock. In some cases, you can identify forward-looking statements because they contain words such as “may,” “expect,” “plan,” “anticipate,” “intend,” “estimate,” or “predict” or the negative of these words or other similar terms or expressions that concern Iambic’s expectations, plans or intentions. Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other factors. Some of these risks are described in greater detail in the preliminary prospectus included in the Registration Statement on Form S-1 filed with the SEC on October 8, 2026. It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause our actual results to differ materially from those contained in any forward-looking statements we may make. These factors may cause our actual results, performance or achievements to differ materially and adversely from those anticipated or implied by our forward-looking statements. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Media Contact:

Amanda Guisbond

Head of Communications, Iambic

[email protected]

Investors:

Tiao Guan

Sr. Director, FP&A and Investor Relations, Iambic

[email protected]

KEYWORDS: California United States North America

INDUSTRY KEYWORDS: Software Research General Health Pharmaceutical Technology Artificial Intelligence Public Relations/Investor Relations Science Biotechnology Communications Other Science Health

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Walker & Dunlop Arranges $216 Million Refinancing for Trophy Broadway Property in Manhattan

Walker & Dunlop Arranges $216 Million Refinancing for Trophy Broadway Property in Manhattan

BETHESDA, Md.–(BUSINESS WIRE)–Walker & Dunlop, Inc. announced today that it arranged $216 million in bridge financing to refinance 568 Broadway, a mixed-use trophy asset located in Manhattan’s SoHo neighborhood.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261014411314/en/

568 Broadway. Photo Credit: Aurora Capital, Allied Partners, and A&H Acquisitions

568 Broadway. Photo Credit: Aurora Capital, Allied Partners, and A&H Acquisitions

Walker & Dunlop Capital Markets Institutional Advisory served as exclusive advisor to a joint venture between Aurora Capital, Allied Partners, and A&H Acquisitions. Aaron Appel, Dustin Stolly, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Sean Reimer, Jordan Casella, and Stanley Cayre arranged the financing with ACORE Capital.

“Few assets can match this Broadway property’s combination of premier corner positioning, Broadway frontage, strong retail tenancy, recently upgraded infrastructure, and flexible office product,” said Stolly, senior managing director of Capital Markets Institutional Advisory at Walker & Dunlop. “SoHo remains one of Manhattan’s most supply-constrained office and retail submarkets, with limited large-block inventory and minimal new competitive supply. That scarcity limits competitive leasing pressure while supporting future rent growth, occupancy durability, and long-term value.”

568 Broadway is a 12-story, 390,745-square-foot property comprising of office and retail space. The property’s approximately 70,870-square-foot retail component is 100% leased to Hugo Boss, Athletic Propulsion Labs, GU, and Equinox, while the office component is leased to a mix of tenants including Zocdoc, The Farmer’s Dog, and Milk Makeup.

Located at the prominent corner of Broadway and Prince Street, 568 Broadway benefits from exceptional visibility, frontage, and pedestrian traffic at the intersection of SoHo’s high-volume retail corridor and its luxury, pedestrian-driven shopping district. Surrounded by premier retail, fashion, technology, media, wellness, and consumer brands, the property offers a highly desirable setting for both office and retail users in one of Manhattan’s most sought-after mixed-use neighborhoods.

In the first half of 2026, Walker & Dunlop’s Capital Markets team sourced over $13.9 billion from non-Agency capital providers, including nearly $9.6 billion for multifamily properties. This vast experience has made them a top advisor on all asset classes for many of the industry’s top developers, owners, and operators. To learn more about Walker & Dunlop’s broad financing options, visit our website.

About Walker & Dunlop

Walker & Dunlop (NYSE: WD) is one of the largest commercial real estate finance and advisory services firms in the United States and internationally. Our ideas and capital create communities where people live, work, shop, and play. Our innovative people, breadth of our brand, and our technological capabilities make us one of the most insightful and client-focused firms in the commercial real estate industry.

Phone 301.215.5500

7272 Wisconsin Avenue, Suite 1300

Bethesda, Maryland 20814

Media:

Nina H. von Waldegg

Public Relations

Phone 301.564.3291

[email protected]

KEYWORDS: New York Maryland United States North America

INDUSTRY KEYWORDS: Consulting Residential Building & Real Estate Commercial Building & Real Estate Urban Planning Construction & Property REIT Professional Services Building Systems Architecture Other Construction & Property Finance

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568 Broadway. Photo Credit: Aurora Capital, Allied Partners, and A&H Acquisitions
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Albany International Schedules Third-Quarter 2026 Earnings Release and Conference Call

Albany International Schedules Third-Quarter 2026 Earnings Release and Conference Call

PORTSMOUTH, N.H.–(BUSINESS WIRE)–
Albany International Corp. (NYSE: AIN) announced today that it will release third-quarter 2026 results on October 28, 2026, after market close.

The Company will host a webcast to discuss the results at 9:00 a.m. Eastern Time on Thursday, October 29, 2026. Interested parties may listen to the live webcast via the Company’s Investor Relations website at investors.albint.com or by registering via the link here.

The event can also be accessed by dialing +1 (833) 461-5787 and using the Meeting ID: 551 970 689.

An archive of the webcast will be available on the website at approximately noon Eastern Time on Thursday, October 29, 2026.

About Albany International Corp.

Albany is a leading materials science developer and manufacturer of engineered components, using advanced materials processing and automation capabilities, with two core businesses:

  • Machine Clothing is the world’s leading producer of custom-designed consumable belts, essential for the manufacture of paper, paperboard, tissue, and towel, as well as pulp, non-wovens, and a variety of other industrial applications.

  • Albany Engineered Composites is a growing designer and manufacturer of advanced materials-based engineered components for demanding aerospace applications, supporting both commercial and military platforms.

Albany International is headquartered in Portsmouth, New Hampshire, operates 25 facilities in 12 countries, employs approximately 5,700 people worldwide, and is listed on the New York Stock Exchange (NYSE: AIN). Additional information about the Company and its products and services can be found at www.albint.com.

Investor / Media Contact:

Karen Blomquist

Director, Investor Relations

Tel 603.330.2461

EMAIL[email protected]

Media Contact

Sheri Tripp

Senior Manager, Corporate Communications and Marketing

Tel +1 603.330.8317

EMAIL[email protected]

KEYWORDS: New Hampshire United States North America

INDUSTRY KEYWORDS: Engineering Air Aerospace Transport Manufacturing Other Manufacturing Machinery

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Littelfuse to Release Third Quarter Financial Results Before Market Open on October 28

Littelfuse to Release Third Quarter Financial Results Before Market Open on October 28

CHICAGO–(BUSINESS WIRE)–Littelfuse, Inc. (NASDAQ: LFUS), a leader in developing smart solutions that enable safe and efficient electrical energy transfer, announced today that it will release financial results for its third quarter of fiscal 2026 before market open on Wednesday, October 28, 2026.

The press release and slide presentation will be available in the Investor Relations section of the company’s website, Littelfuse.com. The company will host a conference call on Wednesday, October 28, 2026, at 8:00 a.m. Central Time. The conference call will be available via webcast from Littelfuse.com and available for replay on the company’s website.

About Littelfuse

Littelfuse, Inc. (NASDAQ: LFUS) is a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world. Across more than 20 countries, and with approximately 18,000 global associates, we partner with customers to design and deliver innovative, reliable solutions. Serving over 100,000 end customers, our products are found in a variety of industrial, transportation, and electronics end markets–everywhere, every day. Learn more at Littelfuse.com.

LFUS-F

David Kelley

224-727-2535

[email protected]

KEYWORDS: Illinois United States North America

INDUSTRY KEYWORDS: Telecommunications Other Manufacturing Consumer Electronics Technology Semiconductor Manufacturing Mobile/Wireless Other Technology

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