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NexPhase Capital Announces Investment in EVERYWHERE Communications

NEW YORK, Sept. 14, 2026 — NexPhase Capital, LP (“NexPhase” or “NPC”), a thematically driven and operationally focused private equity firm, today announced that it has made an investment in EVERYWHERE Communications (“EVERYWHERE” or the “Company”), a mission-critical software platform that helps government and enterprise organizations connect, protect, and coordinate distributed teams through resilient communications, automated workforce safety, real-time situational awareness, and actionable operational intelligence. Terms of the investment were not disclosed.

Founded in 2016 and headquartered in Annapolis, Maryland, EVERYWHERE helps government and enterprise organizations protect, coordinate, and gain real-time visibility into personnel and operations across some of the world’s most demanding environments. The purpose-built EVERYWHERE Platform combines resilient connectivity across satellite, cellular, Wi-Fi, and other communications networks with messaging, location monitoring, automated check-ins and safety workflows, geofencing, emergency response, dynamic data visualization, and actionable geolocated intelligence.

By connecting personnel, devices, and operational data, EVERYWHERE enables leaders to identify emerging risk, coordinate response, and make better-informed decisions without relying solely on manual interaction from personnel in the field. Today, EVERYWHERE serves customers across government, utilities, mining, oil and gas, humanitarian aid, and other mission-critical sectors in more than 175 countries.

“EVERYWHERE has built a differentiated platform at the intersection of resilient communications, workforce safety, and operational intelligence,” said Bob Gartland, Partner at NexPhase. “Organizations increasingly need reliable communications, real-time visibility, and intelligent tools to protect and coordinate distributed teams. We look forward to partnering with Patrick, Jake, and the EVERYWHERE team to invest in the Company’s go-to-market capabilities, customer success, and product organizations as it expands its reach across its core government and enterprise verticals.”

“This investment allows us to build on the momentum we’ve created while staying true to our mission of helping organizations connect, protect, and coordinate their people wherever they operate,” said Patrick Shay, Founder and Chief Executive Officer of EVERYWHERE. “The NexPhase team’s experience scaling software and technology businesses makes them what we view to be the ideal partner as we invest further in our team, expand our reach, and drive innovation across the EVERYWHERE Platform. We will remain focused on delivering strong organic growth while also actively evaluating strategic acquisitions that can broaden our capabilities, strengthen our market position, and accelerate our growth trajectory.”

“Reliable connectivity will always be foundational to what we do, but the opportunity ahead is much larger,” said Jake Bailey, President of EVERYWHERE. “Our customers increasingly want to understand what is happening across their operations, where risk is emerging, and when action is required—without relying on someone in the field to initiate that communication. This partnership provides us with additional resources to strengthen our open, connected platform, expand automated safety workflows, and accelerate the operational intelligence capabilities that give leaders who use our product greater visibility and enable faster, better-informed decisions.”

Following the close of the transaction, EVERYWHERE will continue to be run by its current management team.

Choate, Hall & Stewart LLP served as legal advisor to NexPhase. Baird served as exclusive financial advisor to EVERYWHERE, and DLA Piper LLP served as the Company’s legal advisor.

About EVERYWHERE Communications
EVERYWHERE Communications delivers a purpose-built, mission-critical software platform that helps government and enterprise organizations connect, protect, and coordinate distributed personnel and operations. The EVERYWHERE Platform combines secure, resilient connectivity across satellite and wireless networks with messaging, location intelligence, automated safety workflows, dynamic data visualization, emergency response, and actionable operational intelligence. Serving customers in more than 175 countries, EVERYWHERE supports organizations across government, utilities, mining, oil and gas, humanitarian aid, and other mission-critical sectors. Founded in 2016, EVERYWHERE is headquartered in Annapolis, Maryland. For more information, visit www.everywherecomms.com.

About NexPhase Capital
|NexPhase Capital is a thematically driven and operationally focused lower middle-market private equity firm that makes control investments in growth-oriented and capital-efficient companies within three distinct industry verticals: healthcare, software, and consumer. NexPhase partners with companies that have reached a growth inflection point and are seeking a value-added partner to help navigate the Company’s “next phase.” The NexPhase team has extensive industry and operational experience, and NPC’s Partners have invested together for over 15 years. NexPhase has completed over 100 investments, including add-ons, and targets equity investments between $40 million and $225 million. Since inception, NexPhase has raised and managed approximately $2.6 billion of capital. For more information, visit www.NexPhase.com.

Media Contacts
NexPhase:
Kate Thompson / Kate Kelley / Heather Milke
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449

SOURCE NexPhase Capital

Reins launches Valuation to help contractors know and grow their business value

New product connects business worth with incentives that help retain the people driving growth

LAS VEGAS, Sept. 14, 2026 — Reins, which gives contractors the tools to grow what their business is worth and their key people a real stake, announced today the launch of Valuation, a new standalone AI-powered product that gives owner-operators in the trades a clear view of what their company is worth and what they can do to increase that value.

Reins has raised $5.5 million to date from Album, Better Tomorrow Ventures, Torch Capital and Animo Ventures to level the playing field for independent business owners by giving them access to tools traditionally available to larger companies and private equity-backed businesses.

Valuation joins Reins’ existing Incentives product, which helps owners create long-term incentives, including phantom stock and stock appreciation rights (SARs), as well as short-term profit-sharing plans that give key employees a real stake in the value they help create.

Reins initially developed this technology to support Incentives but saw a broader need among contractors for greater visibility into their companies’ value. Valuation uses carefully developed AI agents to analyze financial and operating data, deliver a current valuation, identify the factors driving it and pinpoint opportunities for improvement.

Valuation gives owners:

  • A clear number for what the business is worth today, built from the owner’s own financial and operating data, including QuickBooks and ServiceTitan data.
  • Visibility into what is holding that number back and how the business compares with peers.
  • Guidance on what to do next, including the incentive plans, KPIs and targets that can help move the business forward.

“Independent business owners spend years building companies that support their families, their employees and their communities, but they haven’t always had access to the same sophisticated tools larger companies use to understand and grow their value,” said Chris Buttenham, co-founder and CEO of Reins. “We want to change that. Valuation gives owners a clear picture of what they have built, shows them where they can create more value and connects that insight to Incentives so they can give key people a real stake in helping the business grow.”

Valuation begins with the owner’s own books and operating data to establish what the company is worth today. Its agentic analysis then identifies the factors driving that value, benchmarks the business against peers and highlights the levers with the greatest potential impact. Owners can then use Incentives to align key employees with the KPIs and targets that matter most through long- or short-term plans tied to the value they help create.

“Big companies have a CFO, an appraiser and a compensation consultant a phone call away,” Buttenham said. “The owner of a 30-person HVAC shop has none of that: no real number on the business, no plan for what comes next. Valuation is how we level that. It gives independent owners the leverage private equity and big corporations have had for decades.”

Valuation and Incentives run on the same data and are designed to work in the background of the business an owner already operates, without adding administrative burden or requiring a consultant. Together, they help contractors understand what their business is worth, act on the factors that can increase that value and build a stronger company with more options when the time comes to sell, hand off or step back on their terms.

For more information about Reins, visit myreins.com.

About Reins

Reins is the ownership operating system for independent businesses, giving owners the tools to understand and grow their business value while giving key employees a real stake in the value they help create. Through Valuation and Incentives, Reins helps owners understand what their business is worth, identify opportunities to increase its value and create long- and short-term incentive plans without giving up ownership or control. Reins works with hundreds of owner-operators in the trades, including HVAC, plumbing, electrical, restoration and landscaping, who have granted more than $50 million in incentives to key employees through Reins. Headquartered in Las Vegas, Reins is backed by Album, Better Tomorrow Ventures, Torch Capital and Animo Ventures.. Learn more at myreins.com.

SOURCE Reins

Notable names Dr. Nicholas Desai as Chief Medical Officer to drive enterprise AI impact

Former health system executive brings enterprise technology and operating leadership to help health systems build a new System of Work

SAN MATEO, Calif., Sept. 14, 2026 — Notable, the leading healthcare AI Platform for transforming workforce productivity, today announced the appointment of Dr. Nicholas Desai as Chief Medical Officer. Desai joins from Houston Methodist, where his leadership spanned system-wide clinical technology and hospital operations, including roles as system Chief Medical Information Officer and hospital Chief Operating Officer, Chief Medical Officer, and Chief Quality Officer. Most recently, he helped lead the development, opening, and growth of Houston Methodist Cypress Hospital, bringing culture, clinical operations, and technology together from the outset.

Desai brings more than two decades of experience connecting enterprise technology with clinical practice and organizational change, with accountability for technology, people, growth, quality, and financial performance. His appointment strengthens Notable’s focus on helping health systems translate AI capabilities into operating results: greater capacity, faster access to care, less administrative work, and better use of existing resources.

“More AI does not automatically mean more capacity or better margins,” said Pranay Kapadia, CEO and co-founder of Notable. “Those gains require changing how work gets done. Nick has led clinical technology across a health system and taken direct responsibility for hospital operations. He understands what has to change, what cannot be compromised, and what it takes to bring an organization through that kind of transformation.”

That experience directly supports Notable’s vision for a System of Work: AI Agents and people working together across existing systems to carry work from request to completion. The goal is to help health systems expand what their teams can accomplish without increasing the administrative burden on staff or patients.

At Notable, Desai will partner with health system executives to identify high-value opportunities, align clinical and operational teams, and translate those priorities into workflows that can be deployed, adopted, and measured. His focus will span patient access, care operations, and workforce productivity, with an emphasis on making change practical within customers’ existing infrastructure, staffing, and budgets. He will also help ensure those operating priorities shape Notable’s platform development and delivery.

“The measure of AI will not be intelligence. It will be impact,” said Desai. “For a health system, that means whether patients get care sooner, whether teams have more capacity, and whether work gets completed reliably. Having led both enterprise technology and hospital operations, I know deployment is only the beginning. Joining Notable gives me the opportunity to help more organizations turn what technology makes possible into how they operate every day.”

For more information about Notable and its AI Platform, visit www.notablehealth.com.

About Notable

Deployed at over 12,000 sites of care, Notable is the leading healthcare AI Platform for transforming workforce productivity. Through Notable, millions of once-manual tasks are automated daily in a safe, secure, end-to-end AI Platform that optimizes workforce efficiency and productivity, cuts operational costs, eliminates fragmentation, and enhances the patient experience. From patient access and revenue cycle management to care operations and more, Notable’s AI Agents reduce administrative burden so staff, providers, and patients can focus on what matters most. Notable is backed by leading investors, including ICONIQ Growth, Greylock Partners, F-Prime, Oak HC/FT, Maverick Ventures, and 8VC. Learn more at www.notablehealth.com.

SOURCE Notable

Global Startup EXPO 2026 to Give Overseas VCs Front-door Access to Japan’s Startup and Investment Ecosystem, October 5-7, 2026

TOKYO, Sept. 14, 2026 — The Ministry of Economy, Trade and Industry (hereinafter: “METI”) will host the Global Startup EXPO 2026 (hereinafter: “GSE2026”) from Monday, October 5 to Wednesday, October 7 in Osaka, Japan. As Japan’s startup ecosystem expands, GSE2026 is designed as an entry point for overseas venture capital firms seeking access to emerging opportunities in Japan. Under the concept “Deeptech – from breakthrough to industry,” GSE2026 connects overseas venture capital firms with Japanese startups, corporate venture capital (CVC) funds, institutional investors, and government-backed investment entities — turning valuable connections into actionable opportunities for investment, partnership, and industrial growth.

The event goes beyond a traditional exhibition, connecting overseas investors with Japanese startups, corporate venture capital (CVC) funds, institutional investors, government-backed investment entities, and other key ecosystem participants.

Expo image 1: https://cdn.kyodonewsprwire.jp/prwfile/release/M109206/202609085515/_prw_PI1fl_5k8Re581.jpg

From Investment to Industrialization

A central focus of GSE2026 is the social implementation and industrialization of innovation, particularly in deep tech. Capital is critical, but lasting impact requires technologies and products to reach markets, generate economic value, and grow into sustainable industries. This ambition is embodied in the concept: “Deeptech – from breakthrough to industry.”

Why This Matters for Global Investors

Expo image 2: https://cdn.kyodonewsprwire.jp/prwfile/release/M109206/202609085515/_prw_PI2fl_GL9wtWGu.jpg

GSE2026 offers overseas venture capital firms opportunities to engage with Japan’s investment network and promising startups, including companies from METI’s flagship J-Startup program and National Startup Award (NSA) awardees. For investors evaluating Japan as a sourcing market, syndication market, or long-term strategic geography, the event provides opportunities to identify potential investments, co-investment partners, and industrial collaborations.

Discover / Engage / Build

The program is structured around three stages: Discover global trends and emerging technologies; Engage with startups, investors, corporations, policymakers, and other ecosystem participants; and Build toward concrete action through business discussions, investor matchmaking, partnerships, and real-world implementation.

Featured Participants

Profiles of the Speakers:
https://cdn.kyodonewsprwire.jp/prwfile/release/M109206/202609085515/_prw_PI3fl_lPNSel20.png

Leading global investors, including Andreessen Horowitz (U.S.), New Enterprise Associates (U.S.), and Atomico (U.K.), have confirmed their participation, with additional prominent speakers and participants from Japan and around the world to be announced in the coming weeks.

For more information, the latest speaker and participant announcements, schedule updates, and registration details, please visit the official GSE2026 website: https://global-startup-expo.com/en/?utm_source=prwire&utm_medium=referral&utm_campaign=20260914&utm_content=en_url_

SOURCE Ministry of Economy, Trade and Industry (METI)

Neuberger Specialty Finance Announces Launch of New Bridge AeroFinance

New aerospace financing platform will seek to provide flexible and scalable capital to aerospace sector

NEW YORK, Sept. 14, 2026 — Neuberger Specialty Finance (“NBSF“) today announced an agreement with several leading aerospace finance professionals to jointly establish and launch New Bridge AeroFinance (“New Bridge Aero“), a new aerospace financing platform that will enable NBSF- managed funds to originate and acquire loans and other debt instruments across the aerospace sector. New Bridge Aero will aim to pursue aerospace financing opportunities consistent with NBSF’s focus on asset-based investments that seek to offer downside protection and durable cash flows. The platform will initially seek to build a portfolio in excess of US$2 billion.

New Bridge Aero will be led by Richard Moody, with Debbie Frew and William Glaister assuming the roles of Co-Founders and Principals. The management team brings significant aviation experience to the platform, with Moody most recently serving as Global Head of Aviation Finance at Hamburg Commercial Bank AG, having earlier led Transportation Finance at Deutsche Bank AG globally. Frew and Glaister bring complementary expertise, with Frew holding senior aviation finance positions at Hamburg Commercial Bank AG and Deutsche Bank AG, and Glaister previously serving as Global Head of Asset Finance at Clifford Chance LLP.

Neuberger Specialty Finance is the Asset Based Finance arm of Neuberger, a private, independent, and employee-owned investment manager, which manages US$613 billion of equities, fixed income, private equity, real estate and hedge fund portfolios for global institutions, advisors and individuals[1]. NBSF manages over US$5 billion across 50+ portfolio companies and various investment vehicles since the strategy’s inception in 2018. The group is led by Peter Sterling and has cumulatively invested more than US16 billion through 80 global origination partners, from commercial banks to fintechs, across thousands of underlying loans.

Commenting on the announcement, Sean Hinze, Managing Director who leads hard asset investing at NBSF said,  “Launching New Bridge AeroFinance represents a compelling opportunity to build a differentiated aviation & transportation credit platform in a market where specialized capital, structuring expertise and speed of execution are increasingly valuable. Aviation finance is a complex, asset-intensive sector where deep underwriting experience matters.  We believe New Bridge is well positioned to provide flexible, scalable financing solutions across the capital structure.

Richard Moody and his team bring substantial experience across aviation and transportation finance, and we believe combining that specialist capability with Neuberger Specialty Finance’s capital base, sourcing network and global platform creates a significant opportunity to build a leading franchise.

Richard Moody added, “We are delighted to partner with Neuberger to develop a structured debt platform focused on creative solutions for the broader aerospace sector, targeting transactions across the capital stack involving not just aircraft but all parts of the aviation and aerospace ecosystem.  Neuberger Specialty Finance’s experienced team, creative approach, and flexible capital make them a natural partner in our mission to build a best-in-class financing business”.

About Neuberger Private Markets

Neuberger Private Markets is a division of Neuberger and has been an active and successful private markets investor since 1987. Neuberger Private Markets invests across strategies, asset classes, and geographies for a large number of sophisticated and renowned institutions and individuals globally. As of March 31, 2026, Neuberger Private Markets manages over $165 billion of investor commitments across primaries, co-investments, secondaries, private credit, and specialty strategies. Neuberger Private Markets has an experienced and diverse team of over 500 professionals with a global presence in 11 countries globally.

Neuberger Media Contact: [email protected]

New Bridge AeroFinance: [email protected]

[1] AUM as of June 30, 2026

SOURCE Neuberger Berman

Sophia Space and SLI Set Terms for $300 Million Asset Financing for 10-Satellite High-Performance Edge Computing Constellation

SLI’s asset financing model, proven across other asset classes, such as transportation and energy, now accelerates deployment of orbital infrastructure

PASADENA, Calif., Sept. 14, 2026 — Sophia Space today announced a $300 million financing framework with aerospace leasing specialist, SLI, for a planned 10-satellite high-performance edge computing constellation, bringing proven financing models used to scale aviation, energy, maritime, rail, and telecommunications, into this next phase of orbital computing. Under the arrangement, SLI will purchase the satellites from Sophia and lease them to the end-users on the basis of fixed monthly or quarterly payments.

Once deployed, the constellation would deliver aggregate computing capacity equivalent to 240 state-of-the-art edge servers, while allowing Sophia to preserve equity capital for technology development and operations.

The collaboration also reflects a long-term commitment between the two companies to develop the financing structures and deployment playbook that orbital compute infrastructure will require to move from the laboratory to low Earth orbit.

“Asset financing didn’t invent aviation or shipping, but it accelerated them at scale,” said Rob DeMillo, CEO and Cofounder of Sophia Space. “We’re doing the same for orbital computing. This approach with SLI signals that Sophia Space’s space infrastructure is mature enough to attract the capital structures that have historically built terrestrial infrastructure.”

The financing structure, outlined in a non-binding letter of support, aligns SLI’s financing with Sophia’s build and deployment schedule, supporting the purchase and deployment of 10 Sophia TILE spacecraft through a long-term operating lease. Mission launches are scheduled for as early as 2028.

The constellation is designed to deliver in-orbit edge data services for applications including Earth observation, weather analytics, supply-chain management, and disaster preparedness, while also addressing growing demand for intelligence, surveillance, and reconnaissance (ISR) and other mission-critical security applications.

“Lowering barriers to entry unlocks markets,” explained Praveen Vetrivel, Chief Executive Officer at SLI. “Sophia has the technology, the team, and the vision. What had been missing was access to scalable, non-dilutive capital. This framework provides it, giving them the capacity and flexibility they need to build the next layer of digital infrastructure.”

The long-term lease is designed to span the satellites’ expected useful lives, matching capital deployment with the revenue-generating life of the assets. The approach provides Sophia with a predictable financing structure for scaling its orbital infrastructure without relying exclusively on equity capital.

SLI is the aerospace subsidiary of Libra Group, which brings more than $15 billion in asset financing experience in the transportation industries to the space economy.

About Sophia Space Inc.
Sophia Space is building the future of orbital computing and in-space data centers. Its modular TILE technology enables passive computing alongside in-situ data processing, AI acceleration, and edge computing for satellites, defense systems, and commercial space stations, dramatically reducing latency and delivering actionable insights where and when they are needed. Learn more at www.sophia.space

About SLI
SLI was established by Libra Group in 2023 to address the capital needs of the rapidly growing aerospace industry by providing flexible, innovative asset-financing solutions with an initial focus on satellites, ground stations and frontier aviation assets, such as zero-emission electric aircraft. Leveraging Libra Group companies’ decades of experience owning and leasing high-value, mission-critical assets around the world across aviation, maritime, and renewable energy, SLI seeks to bridge the gap between capital availability and asset deployment, accelerating the creation of an integrated aerospace economy. www.sliaerospace.com

SOURCE Sophia Space

EscapeSquid Pursues $2.5 Million Seed Round to Scale Virtual-to-Destination Fitness and Travel Platform

EscapeSquid Connecting Riders with Local Experiences

NEWARK, Del., Sept. 11, 2026 — Xanh Entertainment Inc., developer of EscapeSquid, today announced that the company is pursuing a $2.5 million seed funding round to support the next phase of development and expansion of its virtual-to-destination fitness, entertainment and travel platform.

EscapeSquid is expanding its model around stationary cycling and fitness experiences, creating a progression that can take participants from at-home virtual rides to participating fitness studios, local events and destination travel experiences.

“Our next phase is about building the infrastructure that connects virtual fitness participation with local businesses and ultimately destination travel,” said John Phung, Founder and Chief Executive Officer of Xanh Entertainment Inc. “If completed, the proposed $2.5 million seed round is intended to give us the resources to develop that network, expand our technology and establish partnerships across fitness, hospitality and travel.”

From Virtual Rides to Real-World Travel

The platform is intended to allow participants to begin through virtual cycling and on-demand experiences using compatible stationary bikes and then progress into participating studio classes, local experiences and destination events.

For local businesses, the model is designed to create additional opportunities to reach both residents and travelers. Fitness studios can participate through classes and events, while hotels, restaurants, attractions and tour operators can become part of the destination experience.

The company believes this structure can create a scalable ecosystem connecting:

Virtual Participation → Studio Classes → Local Experiences → Regional Events → Destination Travel

“Our goal is to bring people together while supporting the local businesses that make each destination unique,” John said. “We want our events to create new opportunities for local fitness studios, restaurants, hotels, attractions and other businesses.”

Planned Use of Seed Capital

As EscapeSquid enters its next stage and as part of its planned market rollout, EscapeSquid intends to host kickoff dinners and fitness evening events in select U.S. cities, with event details expected to be announced later in 2026. Initial markets are expected to include Nashville, Tennessee; Portland, Oregon; Anaheim, California; Dallas, Texas; Philadelphia, Pennsylvania; Chicago, Illinois; and New York City, New York. The events are intended to introduce the EscapeSquid experience while bringing together participants, local fitness operators, hospitality partners and other local businesses.

The $2.5 million seed initiative is intended to help EscapeSquid move into its next stage of growth. The company plans to use the funding to expand its technology, grow fitness and studio partnerships, build its hospitality and travel network, and launch local and destination events in select U.S. markets.

About EscapeSquid

EscapeSquid, developed by Xanh Entertainment Inc., is a travel platform that connects virtual fitness and stationary cycling with local experiences, fitness studios, events, hospitality and destination travel.

Media Contact

John Phung
Xanh Entertainment Inc. / EscapeSquid
Phone: +1 (503) 358-9258
Email: [email protected]
Website: www.escapesquid.com

Caution Regarding Forward-Looking Information

This news release may contain forward-looking statements and information based on current expectations. These statements should not be read as guarantees of future performance or results of the Company. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by such statements.

Although such statements are based on management’s reasonable assumptions, there can be no assurance that such assumptions will prove to be correct. The Company assumes no responsibility to update or revise them to reflect new events or circumstances. All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to reflect future results, events or developments, except as required by law.

No Offer or Solicitation

This news release is for informational purposes only and does not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. Any offer of securities will be made only to eligible investors pursuant to definitive offering documents and in accordance with applicable securities laws.

SOURCE EscapeSquid

The Generation Essential Group’s Receipt of NYSE Letter Regarding Class A Ordinary Shares Trading Price

NEW YORK and LONDON, Sept. 11, 2026 — The Generation Essentials Group (NYSE: TGE; LSE: TGE) (“TGE” or the “Company”), today announced that it has received a letter from the New York Stock Exchange (the “NYSE”), notifying the Company that it is below compliance standards due to the trading price of the Company’s Class A ordinary shares.

Pursuant to Section 802.01C of the NYSE’s Listed Company Manual, a company will be considered to be below compliance standards if the average closing price of its security as reported on the consolidated tape is less than US$1.00 over a consecutive 30 trading-day period. The Company has six months (the “Cure Period”) following receipt of the notice to regain compliance with the minimum share price requirement. The Company can regain compliance at any time during the Cure Period if on the last trading day of any calendar month during the Cure Period the Company has a closing share price of at least US$1.00 per Class A ordinary share and an average closing share price of at least US$1.00 per Class A ordinary share over the 30 trading-day period ending on the last trading day of that month. In the event that at the expiration of the six-month Cure Period, both a US$1.00 per Class A ordinary share closing share price on the last trading day of the Cure Period and a US$1.00 per Class A ordinary share average closing share price over the 30 trading-day period ending on the last trading day of the Cure Period are not attained, the NYSE will commence suspension and delisting procedures.

The Company intends to monitor the market conditions of its listed securities and will consider various measures to cure the non-compliance caused by adverse effects on its trading price and avoid any potential delisting.

The Company’s board of directors remains fully confident in its long-term strategy, business fundamentals and growth prospects and plans to continue the execution of its share repurchase programs as previously announced.

As of September 11, 2026, the Company has repurchased 284,538 Class A ordinary shares under the existing repurchase programs.

About The Generation Essentials Group

The Generation Essentials Group (NYSE: TGE; LSE: TGE), jointly established by AMTD Group, AMTD IDEA Group (NYSE: AMTD; SGX: HKB) and AMTD Digital Inc. (NYSE: HKD), is headquartered in France and focuses on global strategies and developments in multi-media, entertainment, and cultural affairs worldwide as well as hospitality and VIP services. TGE comprises L’Officiel, The Art Newspaper, movie and entertainment projects. Collectively, TGE is a diversified portfolio of media and entertainment businesses, and a global portfolio of premium properties. Also, TGE is a special purpose acquisition company (SPAC) sponsor manager, with its first SPAC successfully raised and priced on December 18, 2025.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about the beliefs, plans, and expectations of The Generation Essentials Group, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the filings of The Generation Essentials Group with the SEC. All information provided in this press release is as of the date of this press release, and The Generation Essentials Group does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

IR Office
The Generation Essentials Group
EMAIL: [email protected] 

SOURCE The Generation Essentials Group

XLCS Partners advises CID Capital on its investment in Kaiser Garage Doors & Gates

NASHVILLE, Tenn., Sept. 11, 2026 — XLCS Partners, Inc., a leading middle market investment bank, is pleased to announce it served as advisor to CID Capital on its investment in Kaiser Garage Doors & Gates, LLC (Kaiser).

Headquartered in Tucson, Arizona, Kaiser is a leading installer and servicer of residential and commercial overhead doors and gates serving the Phoenix, Tucson, and White Mountains markets. With over 30 years of proven operations, the company has established a strong regional footprint, a reputation for quality and reliability, and long-standing customer relationships.

Based in Indianapolis, Indiana, CID Capital is a private equity firm with decades of experience partnering with high-quality, lower middle market companies. CID makes control investments in companies with a proven track record of success and works alongside management teams to provide strategic guidance, resources, and capital for the next phase of growth, combining a focus on founder- and family-owned companies with a collaborative approach to building long-term value.

Kaiser is the third platform investment made from CID’s latest fund, CID Capital Opportunity Fund IV, L.P. In conjunction with the closing, industry veteran Eric Farley stepped in as CEO to lead the business under CID’s ownership, partnering with Dean Bennett, COO, and the existing Kaiser team.

XLCS acted as buyside advisor to CID Capital in connection with its investment in Kaiser, which was completed on August 14, 2026. The engagement was supported by Jay Cremer, Vice President, and David Silva, Senior Associate.

About XLCS Partners, Inc.
XLCS Partners is a leading global investment banking firm providing M&A advisory services. Visit www.xlcspartners.com for more information.

Media Contact: 
Kendra Span
[email protected]
615-379-7783

SOURCE XLCS Partners, Inc.