LCID DEADLINE: Levi & Korsinsky Reminds Lucid Group, Inc. Investors of Upcoming Securities Class Action Deadline

PR Newswire

Time-Sensitive: Allegations Focus on Insider Stock Sales Totaling $646,763 While Material Delivery Disruptions Were Allegedly Concealed From LCID Shareholders

NEW YORK, June 24, 2026 /PRNewswire/ — Levi & Korsinsky, LLP alerts investors in Lucid Group, Inc. (NASDAQ: LCID) of a pending securities class action. Class Period: February 25, 2026 through April 13, 2026. Check if you can recover your investment losses or contact Joseph E. Levi, Esq. at [email protected] | (212) 363-7500.

Levi & Korsinsky, LLP

While publicly touting operational improvements and a “repeatable operating cadence heading into 2026,” two senior officers collectively sold 62,976 shares of LCID stock during the Class Period, generating approximately $646,763 in proceeds, the lawsuit asserts. The stock subsequently declined over 11% after the company revealed a 29-day delivery disruption it had not previously disclosed.


Alleged Sales While in Possession of Material Non-Public Information

The action claims that management possessed material non-public information about a significant supplier quality problem affecting Lucid Gravity SUV deliveries at the time these stock sales occurred. Specifically, the delivery disruption began in February 2026, yet public statements made on February 24, 2026 emphasized “sustainable growth” and a “clear step-change in production.” These insider transactions allegedly occurred while the Company’s ability to meet customer demand was materially impaired by the undisclosed seat quality defect.

What the Market Was Told vs. What Insiders Allegedly Knew

The lawsuit asserts that during the Class Period, management made statements including:

  • Representing that the Company had “overcome quality problems” related to hardware on the Gravity
  • Claiming operational progress was “structural” and “not the result of temporary measures”
  • Touting a run rate supporting “up to 7,500 vehicles per quarter”
  • Promoting “disciplined capital management” while allegedly concealing a supplier’s unauthorized component change
  • Describing a “comprehensive qualification process” for supplier quality while a defective seatbelt anchor weld issue affected 4,476 vehicles
  • Hosting an investor day on March 12, 2026 emphasizing “near-term execution” without disclosing the ongoing delivery halt

As alleged, these representations were materially misleading because a supplier quality issue with second-row seats had already disrupted Gravity deliveries for 29 days, and management was aware that February deliveries had been particularly impacted.

The $646,763 Question for Shareholders

The contrast between insider selling and public optimism raises serious questions, the action claims. One executive sold 42,925 shares for approximately $440,839, while another sold 20,051 shares for approximately $205,924. These sales occurred during a period when, as later revealed, the Company’s quarterly deliveries would miss analyst expectations by over 2,100 vehicles and revenue would fall $150 million below consensus.

“Investors deserve transparency about material risks that could affect their investments. When corporate officers sell significant amounts of stock while in possession of information that has not been shared with the investing public, it raises fundamental questions about the integrity of corporate disclosures.” — Joseph E. Levi, Esq.

Speak with an attorney about recovering damages or call (212) 363-7500.

The Court has set July 28, 2026 as the deadline to apply for lead plaintiff appointment.

WHY LEVI & KORSINSKY — Ranked in ISS Securities Class Action Services’ Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered hundreds of millions of dollars for investors.

Frequently Asked Questions About the LCID Lawsuit

Q: Who is eligible to join the LCID investor lawsuit? A: Investors who purchased LCID stock or securities between February 25, 2026 and April 13, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.

Q: How much did LCID stock drop? A: Shares fell approximately 11.35%, a decline of $1.13 per share, after the company disclosed a 29-day delivery disruption due to a supplier quality defect. A secondary decline of 4.76% followed the preliminary revenue miss of over $150 million versus consensus.

Q: What do LCID investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.

Q: What is a lead plaintiff and why does it matter? A: A lead plaintiff is the investor appointed by the court to represent the entire class. Lead plaintiffs are typically investors with the largest documented losses. Being appointed does not increase individual recovery but gives direct oversight of how the case is run.

Q: What if I already sold my LCID shares — can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lcid-deadline-levi–korsinsky-reminds-lucid-group-inc-investors-of-upcoming-securities-class-action-deadline-302808609.html

SOURCE Levi & Korsinsky, LLP

GPK Deadline Alert: Levi & Korsinsky Reminds Graphic Packaging Holding Company (GPK) Investors of Securities Class Action Deadline on July 6, 2026

PR Newswire

Alert: Claims Focus on Alleged Inventory Mismanagement and Production Curtailments That Drove $130 Million in Projected 2026 EBITDA Losses

NEW YORK, June 24, 2026 /PRNewswire/ — Levi & Korsinsky, LLP reminds purchasers of Graphic Packaging Holding Company (NYSE: GPK) securities of a pending securities class action.

Levi & Korsinsky, LLP

THE CASE: A class action seeks to recover damages for investors who purchased GPK securities between February 4, 2025 and February 2, 2026.

YOUR OPTIONS: You may be entitled to compensation without payment of any out-of-pocket fees. See if you can recover losses or contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

GPK shares dropped from $25.31 to $21.37, a decline of $3.94, following the first corrective disclosure. Shares dropped a further $1.35 and $2.36 following the second and third corrective disclosures, settling at $12.42 on February 3, 2026. Investors have until July 6, 2026 to seek lead plaintiff status.

How a Consumer Packaging Company Allegedly Lost Control of Its Supply Chain

A consumer packaging manufacturer generates value by aligning production output with customer demand. When inventory accumulates beyond operational needs, the company must curtail production, absorb idle-capacity costs, and sell down excess stock at reduced margins. The lawsuit contends that Graphic Packaging faced precisely this scenario throughout 2025 but concealed its severity from shareholders.

The complaint recounts that management repeatedly assured investors that elevated inventory levels were intentional and temporary, tied to the startup of a new Waco, Texas recycled paperboard mill. Management stated the buildup would “wash through pretty quickly” once the facility came online and that the Company would “harvest that working capital.”

The Alleged $15 Million Curtailment Acceleration

As detailed in the action, the opposite occurred. Rather than normalizing, inventory problems compounded across multiple quarters:

  • Q1 2025 revenue fell 6.2% year-over-year to $2.12 billion, missing consensus estimates by $10 million, driven by volume declines the Company had downplayed
  • Management claimed it would “aggressively match supply and demand” and “run to demand” throughout 2025, yet inventory continued to build
  • In Q3 2025, the Company disclosed a projected $15 million EBITDA hit from Q4 production curtailments to rebalance supply
  • On December 8, 2025, the Company disclosed an additional $15 million in curtailment costs after accelerating inventory reduction plans originally scheduled for 2026
  • By Q4 2025, the Company projected a $130 million negative EBITDA impact in 2026 from cumulative inventory reduction actions
  • The incoming CEO initiated a “comprehensive review” of operations, confirming the prior operating model was unsustainable

Production Curtailment and the Vendor-Customer Dynamic

The lawsuit chronicles how management told analysts that customer demand was “strong” and “steady” as late as the Q2 2025 earnings call in July. The Company cited promotional activity driving “modestly better than expected volumes.” Yet within months, the Company was forced to accelerate drastic production cuts, suggesting the demand picture management painted bore little resemblance to operational reality.

The filing states that when competitors were “running for cash,” Graphic Packaging claimed it was strategically protecting margins. The complaint alleges this framing obscured the fact that the Company’s own inventory glut required emergency curtailments that would depress earnings well into 2026.

“The complaint raises serious questions about whether investors received accurate information about inventory conditions that were already materially impacting Graphic Packaging’s operations and financial trajectory.” — Joseph E. Levi, Esq.

Calculate your potential recovery or call (212) 363-7500.

ABOUT LEVI & KORSINSKY, LLP — Over the past 20 years, Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi & Korsinsky has ranked in ISS Securities Class Action Services’ Top 50 Report.

Frequently Asked Questions About the GPK Lawsuit

Q: Who is eligible to join the GPK investor lawsuit? A: Investors who purchased GPK stock or securities between February 4, 2025 and February 2, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.

Q: How much did GPK stock drop? A: Shares suffered cumulative declines exceeding $12 per share throughout the class period with GPK falling from a pre-disclosure price of $25.31 on April 30, 2025 to ultimately close at $12.42 on February 3, 2026. Investors who purchased shares during the class period at artificially inflated prices may be entitled to compensation.

Q: What do GPK investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.

Q: What if I already sold my GPK shares — can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What specific misstatements does the GPK lawsuit allege? A: The complaint alleges Graphic Packaging made materially false or misleading statements regarding inventory management capabilities, demand strength, and the sustainability of its business model during the class period. When corrective disclosures revealed the true operational picture, the stock price declined sharply.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/gpk-deadline-alert-levi–korsinsky-reminds-graphic-packaging-holding-company-gpk-investors-of-securities-class-action-deadline-on-july-6-2026-302808603.html

SOURCE Levi & Korsinsky, LLP

Lost Money on Calix, Inc. (CALX)? Join Class Action Suit Seeking Recovery – Contact Levi & Korsinsky

PR Newswire

Time-Sensitive: Allegations Focus on Misleading Margin Record Representations While Lower-Cost Memory Supply Was Allegedly Dwindling

NEW YORK, June 24, 2026 /PRNewswire/ — Levi & Korsinsky, LLP alerts investors in Calix, Inc. (NYSE: CALX) of a pending securities class action. Class Period: January 28, 2026 through April 21, 2026. Check if you can recover your investment losses or contact Joseph E. Levi, Esq. at [email protected] | (212) 363-7500.

Levi & Korsinsky, LLP

Shares fell $6.93 per share, a decline of approximately 14%, after the Company admitted its margin performance had been temporarily propped up by a finite supply of pre-purchased components. The Court has set July 27, 2026 as the deadline to apply for lead plaintiff appointment.

How Allegedly Inflated Margin Guidance Misled the Market

The lawsuit asserts that throughout the Class Period, Calix touted what it called an “eighth consecutive quarter of margin improvement” and a “non-GAAP gross margin record of 58%” without telling investors that this streak depended on a shrinking stockpile of memory components bought at below-market prices. As alleged, management knew the favorable pricing was temporary and that once exhausted, the Company would face significantly higher costs that would reverse margin gains.

What the Investing Public Was Not Told About Margin Sustainability

The action claims that positive statements about margins, demand, and business prospects were misleading because they omitted critical context:

  • Management allegedly knew its margin records were sustained by a finite pool of pre-purchased memory components, not by structural cost improvements
  • The Company’s advanced supply was allegedly running out during the Class Period, creating an imminent cost headwind
  • Rising market prices for memory components were allegedly already pressuring procurement costs before the corrective disclosure
  • Guidance suggesting margins “may vary” due to “heightened memory costs” allegedly failed to disclose that the Company was actively depleting its cost buffer
  • The January 28, 2026 press release touting record margins allegedly omitted that these results were not repeatable at then-current market prices
  • Full-year non-GAAP gross margin was ultimately expected to decline 50 to 150 basis points, a reversal the lawsuit contends was foreseeable

The Margin Mirage in Cloud and Broadband Infrastructure

Calix provides cloud platforms, software, and systems to broadband service providers. In this sector, hardware component costs directly affect gross margins. The complaint contends that when a company in this space locks in favorable component pricing through bulk purchases, it has an obligation to disclose that the benefit is temporary, particularly when publicly celebrating margin records that depend on it.

“Investors deserve transparency about material risks that could affect their investments. When a company highlights record margins quarter after quarter, shareholders are entitled to know whether those results reflect sustainable operating improvements or a temporary cost advantage that is about to expire.” — Joseph E. Levi, Esq.

Speak with an attorney about recovering damages or call (212) 363-7500.

WHY LEVI & KORSINSKY — Ranked in ISS Securities Class Action Services’ Top 50 Report for seven consecutive years, Levi & Korsinsky, LLP is a nationally recognized leader in shareholder rights litigation. With a team of over 70 professionals, the firm has recovered hundreds of millions of dollars for investors.

Frequently Asked Questions About the CALX Lawsuit

Q: Who is eligible to join the CALX investor lawsuit? A: Investors who purchased CALX stock or securities between January 28, 2026 and April 21, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.

Q: How much did CALX stock drop? A: Shares fell approximately 13.98%, a decline of $6.93 per share, after the Company disclosed that its advanced purchasing of memory components had run its course and margins would contract. Investors who purchased shares during the Class Period at artificially inflated prices may be entitled to compensation.

Q: What specific misstatements does the CALX lawsuit allege? A: The complaint alleges Calix made materially false or misleading statements regarding its margin sustainability and business prospects during the Class Period, failing to disclose that record margins depended on a dwindling supply of lower-cost memory components. When the true state was revealed, the stock price declined sharply.

Q: What do CALX investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.

Q: What if I already sold my CALX shares — can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the Class Period and sold at a loss may still participate.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: What if I missed the lead plaintiff deadline? A: The deadline applies only to investors seeking lead plaintiff appointment. Class members who miss it can still participate in any settlement or recovery.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/lost-money-on-calix-inc-calx-join-class-action-suit-seeking-recovery—contact-levi–korsinsky-302808554.html

SOURCE Levi & Korsinsky, LLP

Levi & Korsinsky Reminds FS KKR CAPITAL CORP. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of July 6, 2026 – FSK

PR Newswire

FSK’s Boilerplate Risk Warnings Allegedly Failed to Disclose That Portfolio Valuations Were Already Deteriorating and Non-Accrual Rates Were Climbing Toward Above-Industry Levels, Costing Investors $2.03 Per Share When the Truth Emerged

NEW YORK, June 24, 2026 /PRNewswire/ — Levi & Korsinsky, LLP examines the adequacy of FS KKR Capital Corp.’s (NYSE: FSK) risk disclosures during a period when investors lost $2.03 per share following corrective disclosures on February 25, 2026. Find out if you qualify to recover losses from inadequate FSK disclosures. You may also contact Joseph E. Levi, Esq. at [email protected] or (212) 363-7500.

Levi & Korsinsky, LLP

FSK shares fell 15.24% on February 26, 2026, closing at $11.29 after the Company revealed its non-accrual rate had risen to 5.5% at amortized cost, above the long-term BDC industry average of 3.8%, and slashed its quarterly dividend from $0.70 to $0.48 per share. The lead plaintiff deadline is July 6, 2026.

What the Company Disclosed in SEC Filings

Throughout the Class Period, FS KKR Capital’s annual and quarterly reports contained generic risk language acknowledging that fair value determinations “may cause our net asset value on a given date to materially understate or overstate the value that we may ultimately realize.” The FY24 10-K also warned that unrealized impairments “could result in a significant reduction to our net asset value for a given period.”

These disclosures, the complaint challenges, were framed as hypothetical possibilities using words like “could” and “may” rather than acknowledging problems already underway within the portfolio.

What the Lawsuit Contends Was Missing

The securities action asserts that while FS KKR Capital published boilerplate risk factors, the Company simultaneously concealed specific, known deterioration:

  • Non-accrual investments at amortized cost rose from 3.5% in Q1 2025 to 5.3% by Q2 2025 and 5.5% by Q4 2025, surpassing the 3.8% long-term BDC industry average
  • Total fair value of investments fell $474 million in Q2 2025 and another $406 million in Q4 2025
  • The Company’s dividend was characterized as stable and supported by spillover income, even as the underlying portfolio generating that income was deteriorating
  • Quarterly certifications by senior executives affirmed that disclosure controls were “effective” during the same periods when material credit problems went undisclosed

The Gap Between Generic Warnings and Specific Knowledge

As pleaded in the complaint, there is a critical distinction between warning investors that portfolio values “may” fluctuate and disclosing that specific investments are already in distress.

The complaint identifies Production Resource Group, 48forty, Kellermeyer Bergensons Services, Worldwise, Medallia, and Cubic Corp as portfolio companies that experienced significant problems. Yet the named companies accounted for only 50% of net realized and unrealized losses, as revealed during the February 2026 earnings call, suggesting the disclosure gaps extended well beyond the identified investments.

“Generic risk factor language cannot substitute for disclosing specific, known problems that are already affecting a company’s operations. Investors in FSK were entitled to know that credit deterioration had already exceeded industry benchmarks, not merely that such deterioration was theoretically possible.” — Joseph E. Levi, Esq.

Act now to protect your rights in the FSK disclosure adequacy case or contact Joseph E. Levi, Esq. at (212) 363-7500.

LEAD PLAINTIFF DEADLINE: July 6, 2026

Levi & Korsinsky, LLP, Top 50 securities litigation firm (ISS, seven consecutive years). Over 70 professionals. Hundreds of millions recovered for investors.

Frequently Asked Questions About the FSK Lawsuit

Q: What specific misstatements does the FSK lawsuit allege? A: The complaint alleges FS KKR Capital made materially false or misleading statements regarding the effectiveness of its portfolio restructuring, the accuracy of its investment valuations, and the sustainability of its dividend distributions during the Class Period from May 8, 2024 through February 25, 2026. When the true condition was revealed, the stock declined sharply.

Q: Who is eligible to join the FSK investor lawsuit? A: Investors who purchased FSK stock or securities between May 8, 2024 and February 25, 2026 and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses, not on whether you still hold the shares.

Q: What do FSK investors need to do right now? A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi & Korsinsky for a free, no-obligation evaluation at [email protected] or (212) 363-7500. No immediate action is required to remain eligible as a class member.

Q: What if I already sold my FSK shares — can I still recover losses? A: Yes. Eligibility is based on when you purchased, not whether you still hold them. Investors who bought during the class period and sold at a loss may still participate.

Q: Do I need to go to court or give testimony? A: No. The overwhelming majority of class members never appear in court or give depositions. You submit a claim form to receive your portion of recovery.

Q: What does it cost me to participate? A: Nothing. Securities class actions are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.

Q: Has Levi & Korsinsky handled similar cases before? A: Yes, including securities class actions involving revenue inflation, earnings guidance fraud, dividend misrepresentation, and executive misconduct across numerous industries.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/levi–korsinsky-reminds-fs-kkr-capital-corp-investors-of-the-pending-class-action-lawsuit-with-a-lead-plaintiff-deadline-of-july-6-2026—fsk-302808661.html

SOURCE Levi & Korsinsky, LLP

CLASS ACTION NOTICE: Berger Montague Advises Erasca, Inc. (NASDAQ: ERAS) Investors to Inquire About a Securities Fraud Class Action

PHILADELPHIA, June 24, 2026 (GLOBE NEWSWIRE) — National plaintiffs’ law firm Berger Montague PC announces a class action lawsuit against Erasca, Inc. (NASDAQ: ERAS) (“Erasca” or the “Company”) on behalf of investors who purchased or acquired Erasca common stock during the period from January 14, 2025 through April 26, 2026 (the “Class Period”).


Investor Deadline:

Investors who purchased or acquired Erasca securities during the Class Period may, no later than

August 10, 2026

, seek to be appointed as a lead plaintiff representative of the class. To learn your rights,



CLICK HERE


.

Headquartered in San Diego, Calif., Erasca is a clinical-stage precision oncology company developing therapies targeting the RAS/MAPK pathway. The Company’s lead drug candidate, ERAS-0015, is a pan-RAS molecular glue in clinical development for patients with RAS-mutated solid tumors.

According to the suit, Defendants publicly promoted ERAS-0015 as a potential “best-in-class” therapy and repeatedly touted its purportedly superior preclinical results comparatively to Revolution Medicines, Inc.’s RMC-6236.

On April 27, 2026, the truth emerged. Erasca disclosed that Revolution Medicines had accused the Company of patent infringement, trade secret misappropriation, and making deceptive comparative statements about ERAS-0015.

Later that day, Erasca reported preliminary clinical data that included a patient death and admitted its comparisons with competing therapies relied on cross-study analyses rather than head-to-head trials. Erasca’s stock plummeted more than 45% on the news.


If you are an Erasca investor and would like to learn more about this action,




CLICK HERE




or please contact Berger Montague: Andrew Abramowitz at




[email protected]




or (215) 875-3015, or Caitlin Adorni at




[email protected]




or (267) 764-4865.

About Berger Montague

Berger Montague is one of the nation’s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.

For more information or to discuss your rights, please contact:

Andrew Abramowitz

Berger Montague
(215) 875-3015
[email protected] 

Caitlin Adorni

Berger Montague
(267) 764-4865
[email protected] 



Turbo Energy and Hithium Deploy AI-Driven Energy Infrastructure Across 15 Industrial Facilities in Europe

366 MWh industrial storage deployment integrates Turbo Energy’s AI optimization platform with HiTHIUM’s advanced battery systems, creating one of Europe’s most advanced software-defined energy infrastructures for industry


Representatives from Turbo Energy and HiTHIUM during the signing ceremony at The Smarter E Europe 2026 in Munich

MUNICH, Germany, June 24, 2026 (GLOBE NEWSWIRE) — Turbo Energy, S.A. (Nasdaq: TURB) (“Turbo Energy” or the “Company”), a global integrator of AI-driven solar energy storage solutions and intelligent energy management systems,  and HiTHIUM, a global leader in battery energy storage technology, today announced the deployment of a large-scale AI-enabled energy infrastructure project across 15 industrial facilities belonging to one of Europe’s largest electro-intensive ceramic manufacturing groups.

Unveiled during Intersolar Europe 2026, the project combines 366 MWh of battery energy storage capacity with Turbo Energy’s proprietary AI-driven optimization platform, transforming traditional energy storage assets into an intelligent, software-defined energy ecosystem capable of dynamically managing generation, storage and consumption across multiple industrial sites.

The project forms part of the Pamesa Net Zero initiative, one of Europe’s most ambitious industrial energy transformation programs, designed to accelerate the electrification, decarbonization and energy independence of one of the continent’s largest ceramic manufacturing groups.

As industrial companies face increasing pressure from energy price volatility, grid constraints and decarbonization requirements, energy infrastructure is becoming increasingly complex. Solar generation, battery storage, industrial loads and grid interaction must now operate as a coordinated system capable of making real-time decisions based on operational conditions, energy pricing and consumption profiles.of making real-time decisions based on operational conditions, energy pricing and consumption profiles.

The project announced today represents a new generation of industrial energy architecture in which energy storage is no longer a passive asset, but an intelligent infrastructure layer capable of optimizing performance across the entire energy ecosystem.

The initiative spans 15 industrial facilities and includes a total project capacity of 366 MWh. To date, more than 130 MWh of storage capacity has already been installed on site, marking a significant step in the execution of the project. For the first time, Turbo Energy’s AI-driven optimization platform has been deployed alongside HiTHIUM’s advanced storage systems at industrial scale, enabling real-time energy orchestration across multiple facilities and operational environments.

At the core of the deployment is Turbo Energy’s AI-driven energy management platform, designed to continuously optimize the interaction between renewable generation, battery storage and industrial energy consumption. The platform functions as an intelligence layer across the energy ecosystem, enabling real-time operational decisions based on consumption patterns, market conditions and system performance.
Leveraging predictive analytics, demand forecasting and real-time operational data, the platform dynamically orchestrates energy flows to improve efficiency, reduce exposure to electricity market volatility and enhance operational resilience.

The result is a software-defined energy infrastructure model in which energy becomes a controllable and optimized operational asset rather than a fixed cost.

“Our partnership with Turbo Energy reflects HiTHIUM’s commitment to delivering intelligent, high-performance energy storage solutions tailored to the needs of Europe’s large-scale commercial and industrial enterprises,” said Kelson Li, Vice President of HiTHIUM Europe. “As industrial customers face increasing pressure from energy cost volatility, grid constraints and decarbonization targets, the combination of advanced long-duration battery storage and AI-driven energy management is becoming increasingly critical. By integrating HiTHIUM’s proven battery storage technology with Turbo Energy’s optimization capabilities, we are enabling large-scale C&I customers to deploy more resilient, efficient and economically optimized energy infrastructures. This project demonstrates how software-defined energy storage can deliver measurable operational and financial value for energy-intensive enterprises while supporting a more sustainable industrial energy future.”

Mariano Soria, Chief Executive Officer of Turbo Energy, added: “This project demonstrates how industrial energy infrastructure is evolving beyond hardware. The next generation of energy systems will be defined by intelligence, optimization and real-time decision-making. By combining HiTHIUM’s advanced storage technology with Turbo Energy’s AI-driven platform, we are transforming battery systems into intelligent energy assets capable of adapting to industrial operating conditions, improving efficiency and supporting long-term competitiveness.

We believe software-defined energy infrastructure will become a critical foundation for the future of industrial electrification, where artificial intelligence enables energy systems to operate with greater efficiency, resilience and autonomy.”

This milestone further reinforces Turbo Energy’s strategic transformation into an AI-driven energy infrastructure platform combining advanced storage, intelligent software and energy optimization services across commercial and industrial markets. It also marks an important step in the Company’s strategic partnership with HiTHIUM, accelerating the deployment of intelligent energy infrastructure solutions across international markets.

The Company continues expanding its international footprint through large-scale industrial deployments, energy storage projects and AI-enabled energy management solutions across Europe, North America and Latin America.

About Turbo Energy, S.A.

Founded in 2013, Turbo Energy, S.A. (Nasdaq: TURB) is a global integrator of AI-driven solar energy storage solutions and intelligent energy management systems. Turbo Energy’s technology platform enables residential, commercial and industrial customers to reduce energy costs, improve efficiency, enhance resilience and transform energy consumption into a controllable and optimized asset. As part of Umbrella Global Energy, Turbo Energy plays a central role as the Group’s technology platform, driving innovation in energy storage, electrification and intelligent energy management across international markets in Europe, North America and Latin America. For more information, please visit www.turbo-e.com.

About Hithium

Founded in 2019, HiTHIUM is a leading global company in renewable energy technology, committed to delivering energy storage solutions centered on advanced energy storage battery and system technologies. With robust research, production, sales, and service capabilities worldwide, HiTHIUM is the only energy storage-focused company to achieve GWh-scale global shipments of lithium-ion ESS batteries, reaching a milestone of over 100GWh in cumulative shipments in 2025. Capping off a remarkable year, HiTHIUM secured the Top 2 position globally for both total energy storage battery shipments and utility-scale battery shipments in 2025, according to authoritative institutions including InfoLink, SMM, and ICC. Through HiTHIUM Europe, the company now delivers to over 18 European countries, including the world’s first 1175Ah project. Its customer-centric approach drives cutting-edge products and solutions for customers all over the world.

Forward-Looking Statements

Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute “forward-looking statements” within the meaning of The Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on current beliefs, expectations and assumptions regarding the future of the business of the Company, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” “would” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control, including the risks described in the Company’s registration statements and annual report under the heading “Risk Factors” as filed with the Securities and Exchange Commission. Actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Any forward-looking statements contained in this press release speak only as of the date hereof, and Turbo Energy, S.A. specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.

For more information, please contact:                 

Turbo Energy |
Investor Relations

Email: [email protected]
Website: investors.turbo-e.com

Attachment



Polaris and the National Forest Foundation Announce Recipients of the 2026 Polaris Fund for Outdoor Recreation Grants

PR Newswire

Permanent endowment now fully established, securing longterm stewardship and continued outdoor recreation access across America’s National Forests

MINNEAPOLIS, June 24, 2026 /PRNewswire/ — Today, Polaris Inc. (NYSE:PII), a global leader in powersports, in partnership with the National Forest Foundation (NFF) announced the 2026 recipients of the Polaris Fund for Outdoor Recreation Grants. The announcement also marks a major milestone in the partnership—the Polaris Fund for Outdoor Recreation is now fully endowed, securing long-term support for outdoor recreation. This achievement provides ongoing, sustainable funding to advance off-highway vehicle (OHV) recreation access, trail stewardship, responsible riding education, and conservation efforts across America’s National Forests and surrounding land.

Established through a $5 million commitment announced in 2021, the Polaris Fund for Outdoor Recreation supports annual grants that improve OHV trail systems, restore recreation infrastructure, enhance signage, and help promote safe and enjoyable riding experiences. With the endowment now fully established, this support will continue for generations to come.

“Our relationship with the National Forest Foundation is rooted in a shared commitment to investing in the future of American outdoor recreation and caring for the places that make it possible,” said Jess Rogers, Vice President of Communications and Community Giving at Polaris. “With the endowment now fully funded, we’re proud to not only announce the 2026 projects, but to extend this commitment well beyond today—supporting trail stewardship, access improvements, and responsible recreation so future generations of riders can continue to create memories outdoors.”

2026 Polaris Fund for Outdoor Recreation Grant Recipients
This year, nearly $200,000 in funding will support seven initiatives across multiple National Forests located in Arizona, Colorado, Michigan, New Hampshire, Tennessee and Vermont to help address trail maintenance, safety, sustainability, and responsible riding education for both OHV and snowmobile users. Projects selected for 2026 include:

  • Sedona Forest Road Speed Pilot Project – Coconino National Forest, Arizona: Installation of speed-limit and radar signage along a popular OHV route to improve safety and promote responsible riding practices.
  • Vail Pass Winter Recreation Area Snowmobile Support – White River National Forest, Colorado: Donation of a snowmobile and equipment to support U.S. Forest Service winter patrols, helping manage rider safety, enforce designated use areas, and protect sensitive wildlife habitat.
  • Tenderfoot Mountain Trail Maintenance – White River National Forest, Colorado: Volunteer crews will complete tread repair and corridor clearing on a popular multi-use trail to improve safety and long-term sustainability for motorized and non-motorized users.
  • Cadillac ORV Scenic Ride Sustainability Project – Huron-Manistee National Forests, Michigan: Maintenance and trailhead improvements to support a shared off-road vehicle (ORV) and snowmobile route and improve the year-round visitor experience.
  • Corridor 19 Improvements – White Mountain National Forest, New Hampshire: Drainage and trail surface improvements along approximately four miles of a key snowmobile corridor to enhance safety and long‑term maintenance, while supporting early‑season grooming operations.
  • Wayehutta OHV Trail System Improvements – Nantahala National Forest, Tennessee: Trail restoration and erosion-control work to repair Hurricane Helene-related damage, improve drainage, and restore safe public access.
  • Sucker Pond Trail Relocation – Green Mountain National Forest, Vermont: Relocation of a portion of the trail to protect wetlands and local water resources while improving rider safety and trail connectivity.

“Polaris has been a steadfast champion of our National Forests,” said Dieter Fenkart Froeschl, President and CEO of the National Forest Foundation. “By creating a source of lasting annual support, Polaris empowers us to strengthen recreation opportunities and uplift the communities who find adventure and connection in these treasured places.”

The endowment issued its first grant in 2022. Since then, Polaris and the NFF have supported ten on‑the‑ground projects across eight National Forests.

To learn more about the Polaris and NFF partnership please visit https://www.polaris.com/en-us/national-forest-foundation-partnership/.

ABOUT POLARIS

As the global leader in powersports, Polaris Inc. (NYSE: PII) has been defining and redefining outdoor adventure since 1954. Polaris delivers industry-shaping off-road vehicles, snowmobiles, boats, military, quadricycles, and commercial transportation vehicles, along with an expansive portfolio of parts, garments, and accessories. Its lineup includes some of the most iconic brands in powersports including the RANGER, RZR, Polaris XPEDITION, Bennington pontoons, Slingshot, and more. Headquartered in Minnesota and serving customers in nearly 100 countries, Polaris continues to set the standard for performance, quality, and unmatched service. Explore more at www.polaris.com.

About the National Forest Foundation

The National Forest Foundation is the official nonprofit partner of the US Forest Service. The NFF is national in scale and local in practice, with work focused in three vital areas: wildfire risk reduction, land and watershed restoration, and recreation for all. As a leader in forest conservation, the Foundation deploys 90% of its expenses towards projects and programs across the country’s 193-million-acre National Forest System. Learn more at www.nationalforests.org

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/polaris-and-the-national-forest-foundation-announce-recipients-of-the-2026-polaris-fund-for-outdoor-recreation-grants-302808669.html

SOURCE Polaris Inc.

CPI Expands Proprietary Technology Platform with Acquisition of TRISM Business

CPI Expands Proprietary Technology Platform with Acquisition of TRISM Business

Accelerates CPI’s digital growth strategy and increases market-leading instant issuance solution to over 3,000 financial institutions

DENVER–(BUSINESS WIRE)–CPITM (NASDAQ: PMTS), a payments technology leader providing a comprehensive range of physical and digital payment solutions, today announced it has acquired the TRISM on-premise instant issuance solution assets from HID Global Corporation (“HID”).

The acquisition expands CPI’s market leading position with financial institutions in the high-growth Software-as-a-Service (“SaaS”)-based instant issuance market and creates a new opportunity for expansion into larger financial institutions that require an on-premise solution. The transaction adds recurring revenue with an established base of multi-year customer relationships across the U.S. to CPI’s existing marketable base of customers. The acquired business is expected to accelerate CPI’s 2026 annual revenue growth in the Integrated Paytech (“IPT”) segment to approximately 20% and is expected to have a gross margin profile consistent with CPI’s IPT segment. Following the completion of one-time integration costs, management expects this acquisition to be accretive to Earnings Per Share approximately 12 months after the close date.

“This acquisition accelerates our strategy as a payments technology company growing our proprietary technology platform and our marketable base, providing a proven, integrated, on-premise solution for financial institutions,” said John Lowe, President and Chief Executive Officer of CPI. “By bringing this established issuance business into our portfolio, we deepen our relationships with financial institutions of all sizes, enhance our ability to support their evolving instant issuance needs, and grow the business.”

Key strategic benefits of acquisition to CPI:

  • Expands the Proprietary Technology Platform: Enhances CPI’s platform by broadening the ability to deliver instant issuance software solutions across cloud and on-premise environments, while adding integrations that further extend CPI’s ecosystem and support customers with a unified and flexible solution.
  • Grows the Marketable Base: Broadens new and existing customer relationships with financial institutions, increasing instant issuance scale and creating cross-selling opportunities for CPI’s broader business.
  • Provides an Evolving Solution to a Higher-Growth, Sizeable Addressable Market: Estimated to double CPI’s total addressable market in instant issuance with an on-premise solution that enables access to mid-to-large financial institutions, further advancing CPI’s leadership position in a higher-growth market.

“HID has built a highly respected instant issuance platform, and we’re excited to see it continue to grow under CPI,” said Bjorn Lidefelt, Executive Vice President and Head of HID. “We believe CPI is the right home for the TRISM business, and we’re excited for its next chapter under their leadership.”

The all-cash transaction was completed on June 23, 2026, and includes transition service arrangements to support operational continuity. The transaction was funded entirely with cash on hand and is not expected to impact CPI’s net leverage. CPI will not assume any debt or cash in the transaction.

About CPI Card Group Inc.

CPI Card Group (NASDAQ: PMTS) is a payments technology company that is integral to the payments ecosystem. CPI’s connections, people, and solutions enable payments for a broad and expanding customer base including thousands of U.S. financial institutions, processors, fintechs, prepaid program managers and more, and these customers count on us to deliver what’s next. We continue to transform alongside the market, and for decades have invested in building deep connections and flexible solutions for our customers. Our proprietary platform and expertise uniquely position CPI to deliver today, tomorrow, and into the future as the market expands and payment methods evolve. Learn more at www.cpicardgroup.com.

Forward-Looking Statements

Certain statements and information in this release (as well as information included in other written or oral statements we make from time to time) may contain or constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). The words “believe,” “estimate,” “project,” “expect,” “anticipate,” “affirm,” “plan,” “intend,” “foresee,” “should,” “would,” “could,” “continue,” “committed,” “attempt,” “aim,” “target,” “objective,” “guides,” “seek,” “focus,” “provides guidance,” “provides outlook” or other similar expressions are intended to identify forward-looking statements, which are not historical in nature. These forward-looking statements, including statements about our strategic initiatives and market opportunities, including our financial outlook for 2026, are based on our current expectations and beliefs concerning future developments and their potential effect on us and other information currently available. Such forward-looking statements, because they relate to future events, are by their very nature subject to many important risks and uncertainties that could cause actual results or other events to differ materially from those contemplated.

These risks and uncertainties include, but are not limited to: (i) risks relating to our business and industry, such as a deterioration in general economic conditions, including due to inflationary conditions, resulting in reduced consumer confidence and business spending, and a decline in consumer credit worthiness impacting demand for our products; the unpredictability of our operating results, including an inability to anticipate changes in customer inventory management practices and its impact on our business; our failure to retain our existing key customers or identify and attract new customers; the highly competitive, saturated and consolidated nature of our marketplace; our inability to develop, introduce and commercialize new products and related services, including due to our inability to undertake research and development activities; new and developing technologies that make our existing technology solutions and products obsolete or less relevant or our failure to introduce new products and related services in a timely manner or at all; system security risks, data protection breaches and cyber-attacks; the usage, or lack thereof, of artificial intelligence technologies; disruptions, delays or other failures in our supply chain, including as a result of inflationary pressures, single-source suppliers, failure or inability of suppliers to comply with our code of conduct or contractual requirements, trade restrictions, tariffs, foreign conflicts or political unrest in countries in which our suppliers operate, and our inability to pass related costs on to our customers or difficulty meeting customers’ delivery expectations due to extended lead times; changes in U.S. and global trade policy and the impact of tariffs on our business and results of operations; interruptions in our operations, including our information technology systems, or in the operations of the third parties that operate computing infrastructure on which we rely; defects in our software and computing systems; disruptions in production at one or more of our facilities due to weather conditions, climate change, political instability, or social unrest; problems in production quality, materials and process and costs relating to product defects and any related product liability and/or warranty claims and damage to our reputation; our inability to recruit, retain and develop qualified personnel, including key personnel, and implement effective succession processes; our substantial indebtedness, including the restrictive terms of our indebtedness and covenants of future agreements governing indebtedness and the resulting restraints on our ability to pursue our business strategies; our inability to make debt service payments or refinance such indebtedness; our inability to successfully execute on, integrate, or achieve the anticipated benefits of acquisitions, including the acquisition of Arroweye Solutions, Inc. (“Arroweye”), or execute on divestitures, strategic relationships, or investments; our status as an accelerated filer and complying with the Sarbanes-Oxley Act of 2002 and the costs associated with such compliance and implementation of procedures thereunder; our failure to maintain effective internal control over financial reporting and risks relating to investor confidence in our financial reporting; environmental, social and governance (“ESG”) preferences and demands of various stakeholders and the related impact on our ability to access capital, produce our products in conformity with stakeholder preferences, comply with stakeholder demands and comply with any related legal or regulatory requirements or restrictions; negative perceptions of our products due to the impact of our products and production processes on the environment and other ESG-related risks; damage to our reputation or brand image; our inability to adequately protect our trade secrets and intellectual property rights from misappropriation, infringement claims brought against us and risks related to open source software; our inability to renew licenses with key technology licensors; our limited ability to raise capital, which may lead to delays in innovation or the abandonment of our strategic initiatives; costs and impacts related to additional tax collection efforts by states, unclaimed property laws, or future increases in U.S. federal or state income taxes, resulting in additional expenses which we may be unable to pass along to our customers; our inability to realize the full value of our long-lived assets; costs and potential liabilities associated with compliance or failure to comply with laws and regulations, customer contractual requirements and evolving industry standards regarding consumer privacy and data use and security; our failure to operate our business in accordance with the Payment Card Industry Security Standards Council security standards or other industry standards; the effects of ongoing foreign conflicts on the global economy; adverse conditions in the banking system and financial markets, including the failure of banks and financial institutions; our failure to comply with environmental, health and safety laws and regulations that apply to our products and the raw materials we use in our production processes; (ii) risks relating to ownership of our common stock, such as those associated with concentrated ownership of our stock by our significant stockholders and potential conflicts of interests with other stockholders; the impact of concentrated ownership of our common stock and the sale or perceived sale of a substantial amount of common stock on the trading volume and market price of our common stock; potential conflicts of interest that may arise due to our Board of Directors being comprised in part of directors who are principals of or were nominated by our significant stockholders; the influence of securities analysts over the trading market for and price of our common stock, particularly due to the lack of substantial research coverage of our common stock; the impact of stockholder activism or actual or threatened securities litigation on the trading price and volatility of our common stock; certain provisions of our organizational documents and other contractual provisions that may delay or prevent a change in control and make it difficult for stockholders other than our significant stockholders to change the composition of our Board of Directors; and (iii) general risks, such as relating to our ability to comply with a wide variety of complex evolving laws and regulations and the exposure to liability for any failure to comply; the effect of legal and regulatory proceedings and the adequacy of our insurance policies; and other risks that are described in Part I, Item 1A, Risk Factors in our Annual Report on Form 10-K for the year ended December 31, 2025 filed with the SEC on March 5, 2026, and our other reports filed from time to time with the Securities and Exchange Commission (the “SEC”).

We caution and advise readers not to place undue reliance on forward-looking statements, which speak only as of the date hereof. These statements are based on assumptions that may not be realized and involve risks and uncertainties that could cause actual results or other events to differ materially from the expectations and beliefs contained herein. We undertake no obligation to publicly update or revise any forward-looking statements after the date they are made, whether as a result of new information, future events or otherwise.

For more information:

CPI encourages investors to use its investor relations website as a way of easily finding information about the Company. CPI promptly makes available on this website the reports that the Company files or furnishes with the SEC, corporate governance information and press releases.

CPI Investor Relations

Davis Barker, Head of Investor Relations & Corporate Development

(877) 369-9016

[email protected]

CPI Media Relations

(404) 791-8245

[email protected]

KEYWORDS: United States North America Colorado

INDUSTRY KEYWORDS: Professional Services Payments Technology Finance Software Fintech

MEDIA:

Logo
Logo

Mercantile Partners with American Express and the American Bar Association to Launch a Small Business Credit Card for Legal Professionals

PR Newswire

New ABA program reflects growing demand for association-led financial solutions and lays groundwork for future member and consumer offerings

BOSTON, June 24, 2026 /PRNewswire/ — Mercantile, a financial services platform and division of Onboard Partners, which is focused on expanding responsible access to credit for small and professional service businesses, today announced a new collaboration with the American Bar Association (ABA) to expand access to purpose-built credit solutions for legal professionals nationwide. The new ABA American Express® Business Card will be issued by Celtic Bank and run on the American Express Network — providing ABA Members access to Amex Network benefits, offerings, and protections.

GetMercantile.com

The card offering is designed to better support solo practitioners and small law firms—segments that often need flexible financing to manage cash flow and invest in growth. Through Mercantile’s platform, the ABA will offer a new member-focused business credit card designed specifically for the realities of running a modern legal practice, combining competitive rewards with tools that help firms build stronger financial footing.

The ABA American Express® Business Card includes:

  • Up to 2% cash back on everyday business spending*
  • Up to 5% cash back on ABA spend up to $2,000 per year*
  • Access to Amex Offers and Amex Network benefits across travel, lifestyle, and retail, as well as insurance protections
  • Payment options, including weekly autopay and solutions that allow a broad spectrum of applicants to gain access to credit
  • The ability to build a stronger business credit profile over time while managing budgets and day-to-day expenses

“This collaboration reflects Mercantile’s commitment to working with trusted institutions to deliver responsible financial solutions,” said Scott Shaw, CEO and President at Onboard Partners, Mercantile’s parent company. “By teaming with the ABA and leveraging the American Express Network, we’re helping create a program that supports legal professionals where they are today—while laying the foundation for future offerings as member needs continue to evolve.”

“American Express is proud to partner with Mercantile and the American Bar Association,” said Will Stredwick, SVP and GM of Global Network Services for North America at American Express. “Solo practitioners and small law firms need financial solutions that work as hard as they do. The ABA American Express® Business Card delivers tools that help legal professionals manage cash flow, earn on core business expenses, and access the benefits and protections of the American Express Network.”

The ABA selected Mercantile following an evaluation process focused on member alignment, operational rigor, and long-term scalability, choosing a platform designed to support small business members. This collaboration also joins a growing roster of association partnerships Mercantile has built over the past five years and marks the continued expansion of the Mercantile American Express card program across professional verticals.

The Mercantile & ABA cobrand program is built on the American Express Agile Partner Platform (APP), which enables fintechs and program managers to create and introduce customized payment products quickly, securely, and seamlessly in partnership with American Express.

For more information, visit about.americanbar.cards

*Program offer terms and conditions apply. See the full Rewards Terms & Conditions for more information. Subject to credit approval.

About Mercantile

Mercantile is a financial services platform and a division of Onboard Partners, focused on expanding access to credit for small and professional service businesses. Mercantile works with trusted organizations to design and operate responsible, scalable credit card programs that support growth, transparency, and long-term financial health. Programs are enabled on leading payment networks, including American Express.

About the American Bar Association

The American Bar Association is the largest voluntary association of lawyers and legal professionals in the world. Founded in 1878, the ABA works to serve its members, improve the legal profession, and promote justice, equity, and the rule of law.

About American Express

American Express (NYSE: AXP) is a global payments and premium lifestyle brand powered by technology. Our colleagues around the world back our customers with differentiated products, services, and experiences that enrich lives and build business success.

Founded in 1850 and headquartered in New York, American Express’ brand is built on trust, security, service, and a rich history of delivering innovation and Membership value for our customers. We seek to provide the world’s best customer experience every day to a broad range of consumers, small and medium-sized businesses, and large corporations, and we build and manage relationships with millions of merchants across our global network. For more information about American Express, visit americanexpress.com, americanexpress.com/en-us/newsroom/, and ir.americanexpress.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/mercantile-partners-with-american-express-and-the-american-bar-association-to-launch-a-small-business-credit-card-for-legal-professionals-302809307.html

SOURCE Mercantile

Landmark Credit Union Showcases Digital Banking Innovation and Commercial Growth through Alkami Partnership

PR Newswire

New success story highlights how banking leaders have reimagined traditional vendor relationships, resulting in regional peer collaboration and a more than 55x increase in business banking profiles

PLANO, Texas, June 24, 2026 /PRNewswire/ — Alkami Technology, Inc. (Nasdaq: ALKT) (“Alkami”), a digital sales and service platform provider for financial institutions in the U.S., today highlighted the success of its partnership with Landmark Credit Union (Landmark CU), demonstrating how the organization is driving digital banking innovation and commercial growth. Through a combination of collaborative engagement and strategic Platform adoption, Landmark CU is accelerating its digital transformation and delivering enhanced experiences for both retail and business members.

Alkami Logo

After going live on Alkami’s Digital Banking Platform, Landmark CU has maximized its partnership by tapping into the power of the Alkami Community, both virtually and with in-person regional meetups. Being a formative player in the Midwest, Landmark CU brought together community banks and credit unions for a user group focused on collaboration, digital banking innovation, and shared learning. Hosted in Brookfield, Wisconsin, the event focused on the exchange of ideas on digital engagement, Generation Z (Gen Z) banking preferences, and business banking strategies. Rather than viewing their peers as competitors, attendees engaged with one another, sharing practical insights, Platform best practices, and real-world experiences.

“We wanted to create a space where financial institutions could openly share what’s working, learn from each other’s experiences, and walk away with ideas they can immediately put into action,” said Sara Blake, digital banking product manager at Landmark CU. “When we collaborate like this, it strengthens not just our individual organizations, but the communities we all serve.”

One standout moment included a live student panel Landmark CU facilitated where Gen Z participants challenged assumptions about digital-first banking, emphasizing the continued importance of trust and human interaction. Because participants shared a common Alkami Digital Banking Platform, the discussion quickly shifted from trends to the “how.” Attendees compared concrete configuration choices, rollout plans, and Gen Z engagement strategies, walked through how they use in-application (app) messaging, alerts, and card controls to deepen digital adoption, and discussed how they package commercial and treasury capabilities for business clients.

Moving beyond the collaboration and connection Landmark CU has experienced with the broader Alkami customer community, the credit union has scaled its commercial banking program over several years using Alkami’s business and commercial capabilities. After transitioning from retail-based workarounds to a purpose-built business banking experience, the credit union grew from just 135 business profiles to more than 7,800, while also achieving 22% year-over-year business deposit growth and generating more than $150,000 in annual non-interest income from treasury services.

“These case studies show what’s possible when financial institutions combine collaboration with the right digital capabilities,” said Wayne McCulloch, chief customer officer at Alkami. “By learning from one another and leveraging a modern platform, institutions can accelerate growth, strengthen their business banking offerings and deliver greater value to the people and businesses they serve.”

Together, the case studies highlight how Landmark CU is combining community-driven collaboration with scalable digital capabilities to strengthen both its member experience and long-term growth strategy.

Read how Landmark CU turned a user group into a regional community hub, visit here.

Read how Landmark CU scaled its commercial banking solutions with Alkami, visit here.

To learn more about Anticipatory Banking and the Alkami Digital Sales & Service Platform, visit here.

About Alkami

Alkami provides a digital sales and service platform for U.S. banks and credit unions. Our unified Platform integrates onboarding, digital banking, and data and marketing—each solution can stand alone, but together they deliver more—to help institutions onboard, engage, and grow relationships. As the future shifts toward Anticipatory Banking, we help data-informed bankers meet the moment with technology that drives action.

About Landmark Credit Union

Founded in 1933, Landmark Credit Union is a not-for-profit financial cooperative that’s focused on serving its members by delivering great rates and low fees, providing personal service and investing in improved member experiences. We do this through financial education and information, meaningful and relevant offerings, and exceptional and caring service. Our vision is that everyone in our communities is financially empowered to fulfill their dreams. Our mission is to build and nurture lasting relationship
s that empower our members and strengthen our communities. Landmark Credit Union has 7.5 billion in total assets, 35 branches, more than 400,000 members and 1,000+ employees. For more information, visit


landmarkcu.com


.

Source: Landmark Credit Union client success story, “How Landmark CU Scaled their Commercial Banking Solutions,” Alkami, 2026.

Media Relations Contacts
Vested
[email protected]

Marla Pieton
[email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/landmark-credit-union-showcases-digital-banking-innovation-and-commercial-growth-through-alkami-partnership-302809228.html

SOURCE Alkami Technology, Inc.