Daily CSR

Target Hospitality Prices $98M Secondary Stock Offering at $14 per Share

2026-04-22T12:21:00+02:00

Target Hospitality Corp, a leading North American provider of fully integrated modular housing and hospitality solutions, has announced the pricing of its previously disclosed underwritten secondary offering (the “Offering”). The transaction involves the sale of 7,000,000 shares of common stock (the “Shares”), each with a par value of $0.0001, by Arrow Holdings S.à r.l. and MFA Global S.à r.l. (together, the “Selling Stockholders”), which are entities managed by TDR Capital LLP. The shares are being offered to the public at $14.00 each, resulting in estimated gross proceeds of approximately $98 million for the Selling Stockholders, before underwriting fees and commissions.

Target Hospitality is not issuing any shares in this Offering and will not receive any proceeds from the sale. The transaction is expected to close on April 23, 2026, subject to customary conditions. Additionally, the Selling Stockholders have granted underwriters a 30-day option to purchase up to 1,050,000 additional shares.

Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. are serving as the lead book-running managers for the Offering. Supporting them as co-managers are Northland Securities, Inc., Oppenheimer & Co. Inc., Stifel, Nicolaus & Company, Incorporated, and Texas Capital Securities.

The Offering is being conducted under an effective shelf registration statement on Form S-3, originally filed with the U.S. Securities and Exchange Commission on April 10, 2019, and declared effective on May 16, 2019. The sale will be completed through a prospectus supplement and accompanying base prospectus, which will be filed with and made available by the SEC. Final documentation can also be obtained from the lead underwriters.

This press release is not an offer to sell or a solicitation to purchase securities, nor will any sale occur in jurisdictions where such actions would be unlawful without proper registration or qualification.

Forward-Looking Statements Disclaimer
This release includes forward-looking statements as defined under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Terms such as “expects,” “anticipates,” “plans,” “believes,” and similar expressions are used to identify such statements. These statements are subject to risks and uncertainties and are not guarantees of future performance.

Various factors—including economic conditions, inflation, regulatory changes, competition, operational challenges, public health crises, supply chain dependencies, labor and material costs, legal proceedings, and fluctuations in market demand—could cause actual outcomes to differ materially from those projected. The Company assumes no obligation to update these forward-looking statements except as required by law.

Contact Information
Investor Contact:
Mark Schuck
(832) 702-8009
ir@targethospitality.com

CFOs Accelerate AI Investment to Boost Finance Performance

2026-04-13T07:14:00+02:00

Bain & Company’s latest research shows that finance leaders are increasingly committing serious capital to artificial intelligence, with spending accelerating and benefits already emerging within finance teams.

In a global survey of more than 100 CFOs, 83% said they intend to raise company-wide AI investment by over 15% in the next two years, with a notable portion directed toward finance. Within that group, 42% expect their AI budgets to grow by at least 30% over the same period.

This upward trend is already evident in the short term. More than half of respondents are increasing AI spending by over 15% this year, while nearly 21% anticipate increases exceeding 30%. Over the coming year, most AI investment within finance will focus on financial planning, analysis, and reporting activities.

The survey sample includes a strong representation of large enterprises—half of the CFOs come from companies generating $5 billion or more in revenue, including 26 organizations with annual revenues above $10 billion.

According to Michael Heric, a partner at Bain & Company, finance leaders are at a critical inflection point. AI has moved beyond experimental use cases and is becoming central to finance operations. Meaningful investment in AI is now essential for improving productivity, managing risk, and influencing overall business performance.

The research also points to a clear relationship between the scale of AI adoption and the returns achieved. Among CFOs who have implemented AI broadly—whether through machine learning, generative AI, or autonomous agents—over 40% report high satisfaction with results. This compares to just 25% satisfaction among those still in pilot stages. Satisfaction levels rise above 60% for organizations with the most advanced AI capabilities, though overall satisfaction across all respondents stands at 31%.

While reducing costs and improving efficiency remain primary drivers for AI investment, CFOs identify speed as the most significant benefit. In a climate marked by economic uncertainty and supply chain challenges, AI enables finance teams to quickly detect risks, update forecasts, and redirect capital—offering a meaningful competitive edge.

Despite growing investment, most companies have yet to fully scale AI. Bain estimates that only 15% to 25% of CFOs have successfully expanded AI across their finance functions.

To turn AI investments into sustained performance gains, Bain outlines four key priorities for CFOs:

Prioritize speed as a strategic objective
Focus on building scalable systems rather than isolated pilot projects
Address inefficient or outdated workflows before introducing AI agents
Avoid letting early pilot efforts limit future ambitions

Media contacts
Mike Simon (New York) — Email: Michael.simon@bain.com
Gary Duncan (London) — Email: gary.duncan@bain.com
Ann Lee (Singapore) — Email: ann.lee@bain.com

Truecaller Share Buyback Update: Weekly Repurchase Summary and Holdings

2026-02-23T11:15:00+01:00

The share repurchases are part of the buyback programme announced by Truecaller on 30 May 2025. This programme is scheduled to run from 30 May 2025 until the company’s Annual General Meeting (AGM) in May 2026 and is conducted in compliance with the “Emittentregelverket” framework.

At the 2025 Annual General Meeting, the Board received authorization to repurchase B-shares until the 2026 AGM. Under this authorization, the company may acquire shares provided that its total shareholding does not exceed 10% of the total outstanding shares as of the AGM date.

Due to a technical issue, the data for 20 February is currently incomplete. A revised press release containing the full and accurate information will be issued later this evening.

Date – Weekly Buyback Activity Summary

18 February 2026:
Aggregated volume: 450,000 shares
Weighted average price: SEK 10.11
Total transaction value: SEK 4,550,569
19 February 2026:
Aggregated volume: 450,000 shares
Weighted average price: SEK 11.33
Total transaction value: SEK 5,100,539
20 February 2026:
Aggregated volume: 500,000 shares
Weighted average price: Pending
Total transaction value: Pending

Total for week 8/2026: 1,400,000 shares
Cumulative total for the buyback programme: 10,660,594 shares

All share purchases were executed on Nasdaq Stockholm by Carnegie on behalf of Truecaller.
Following these transactions, Truecaller held 14,605,926 B-shares and 5,013,786 C-shares as of 20 February 2026, representing 5.55% of the company’s issued share capital. The total number of shares, including treasury shares, is now 353,790,721, while the number of shares outstanding (excluding treasury shares) stands at 334,171,009.

Overview of Truecaller’s Share Buyback Programmes

Oct 2022 – May 2023:
Volume: 13,281,779 shares
Weighted average price: SEK 33.99
Transaction value: SEK 451,447,668
June 2023 – May 2024:
Volume: 15,365,336 shares
Weighted average price: SEK 31.78
Transaction value: SEK 488,310,378
June 2024 – May 2025:
Volume: 3,945,332 shares
Weighted average price: SEK 36.35
Transaction value: SEK 143,397,037
June 2025 – Present:
Volume: 10,660,594 shares
Price and transaction value: Pending

Total cumulative repurchases: 43,253,041 shares
For further details, please contact:

Andreas Frid, Head of Investor Relations & Communications

Neptune BidCo US Issues $1.5B 9.5% Senior Secured Notes Backed by Nielsen

2026-01-22T03:34:00+01:00

Neptune BidCo US Inc. (the “Issuer” or the “Company”), which is affiliated with Nielsen Holdings Limited (“Nielsen”), announced that it has finalized the pricing of a $1.5 billion issuance of 9.500% senior secured notes maturing in 2033 (the “Notes”). The Notes will be backed by guarantees from the Company’s parent entity, Neptune Intermediate, LLC (the “Parent”), as well as select subsidiaries. The transaction is anticipated to settle on January 28, 2026, subject to standard closing conditions.

The Company plans to apply the net proceeds from the offering, together with available cash, toward refinancing, repaying, or otherwise reducing outstanding borrowings under its secured second-lien term loan and secured first-lien term loan A facility, both of which mature in 2028.
Ownership of the Issuer and the Parent rests with a group of private investment funds led by Elliott Investment Management L.P. and Brookfield Business Partners L.P., along with other institutional investors.

The Notes were offered and will be sold exclusively through a private placement to investors reasonably believed to qualify as qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended, and to non-U.S. investors in offshore transactions pursuant to Regulation S. The Notes have not been registered under the Securities Act, any U.S. state securities laws, or the laws of any other jurisdiction, and may not be offered or sold in the United States, or to U.S. persons, unless an applicable registration exemption is available.

This announcement is provided solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to purchase the Notes. No such offer or sale will occur in any jurisdiction where it would be unlawful. Any offer of the Notes will be made only through a private offering memorandum.

Forward-Looking Statements
This release contains statements that may be considered forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements regarding the proposed issuance of the Notes and other statements identified by terms such as “expects,” “intends,” “will,” “anticipates,” “may,” or similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that could cause actual outcomes to differ materially from current expectations.

Factors that could impact results include, among others, risks associated with the Company’s prior acquisition by a private equity consortium, unforeseen liabilities or expenses, Nielsen’s ability to achieve expected cost efficiencies, the effectiveness of Nielsen’s business strategy, economic and market conditions, actions of customers, suppliers, competitors, and employees, technological changes, and evolving legal and regulatory requirements. This list is not exhaustive.

These forward-looking statements are made as of the date of this release, and Nielsen undertakes no obligation to revise or update them to reflect subsequent events or circumstances, except as required by law.