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Day: January 22, 2026

H&R Block Enhances Board Expertise with New Appointments

New independent directors, Geralyn Breig, Christian Charnaux, and Stephanie Plaines, bring deep expertise in consumer engagement, strategic growth, and financial leadership as company steps into its next chapter KANSAS CITY, Mo., Jan. 22, 2026 (GLOBE NEWSWIRE) — H&R Block (NYSE: HRB), a leading global consumer tax services provider, today announced the appointment of three new members to its Board of Directors: Geralyn Breig, former President of Revlon North America; Christian Charnaux, Chief Development Officer of Hilton Worldwide Holdings, Inc.; and Stephanie Plaines, former CFO of JCPenney. “Maintaining a strong, diverse board remains a top priority, and these appointments advance our ongoing goals of broadening expertise, adding fresh perspectives, and strengthening board succession planning while returning it to...

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Capital Southwest Corporation Announces Formation and Launch of First Out Senior Loan Joint Venture

DALLAS, Jan. 22, 2026 (GLOBE NEWSWIRE) — Capital Southwest Corporation (“Capital Southwest,” “CSWC” or the “Company”) (Nasdaq: CSWC), an internally managed business development company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, today announced that it has formed a joint venture with another private credit asset manager. The joint venture will be an off-balance sheet private fund that will invest primarily in first out senior secured debt opportunities in the lower middle market. The joint venture will be owned equally by Capital Southwest and its joint venture partner, with each holding a 50% equity interest. All investment and operational decisions for the fund will be made by the joint venture’s board of managers, which will consist of equal representation...

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Plymouth Industrial REIT Stockholders Approve Acquisition by Makarora

BOSTON, Jan. 22, 2026 (GLOBE NEWSWIRE) — Plymouth Industrial REIT, Inc. (NYSE: PLYM) (the “Company” or “Plymouth”) today announced that, at the concluded special meeting of stockholders held earlier today, its stockholders approved the all-cash acquisition of the Company by entities affiliated with Makarora Management LP (“Makarora”), along with Ares Alternative Credit funds (“Ares”). The Company will provide final vote results for the special meeting, as certified by the independent Inspector of Election, on a Current Report on Form 8-K to be filed with the U.S. Securities and Exchange Commission (the “SEC”). As previously announced, on October 24, 2025, the Company, Makarora and Ares entered into a definitive merger agreement (the “Merger Agreement”), pursuant to which Makarora and Ares have agreed acquire all outstanding shares...

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Foresight Reports 2025 Fourth Quarter and Full Year Results

WINNEBAGO, Ill., Jan. 22, 2026 (GLOBE NEWSWIRE) — Foresight Financial Group, Inc. (OTCQX: FGFH) reported net income of $2.54 million for the quarter ended December 31, 2025, a 2% increase compared to $2.49 million reported for the fourth quarter of 2024, and a 59% increase compared to $1.60 million reported for the third quarter of 2025. Diluted Earnings per Share for the fourth quarter was $0.70 compared to $0.69 for the fourth quarter of 2024 and $0.44 for the most recent quarter ended September 30, 2025. The 2025 fourth quarter results include $1.16 million in non-recurring expenses, a $961 thousand impairment charge on a non-marketable equity investment and $197 thousand of conversion related expenses. The fourth quarter results produced a Return on Average Equity of 5.96% and Return on Average Assets of 0.60%. Net income for...

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Acuity Announces Increase in Quarterly Dividend

Atlanta, Jan. 22, 2026 (GLOBE NEWSWIRE) — Acuity Inc. (NYSE: AYI) Board of Directors (the “Board”) increases the quarterly dividend by 17% percent to 20 cents per share from 17 cents per share. The dividend is payable on February 13, 2026, to shareholders of record on February 2, 2026. About Acuity  Acuity Inc. (NYSE: AYI) is a market-leading industrial technology company. We use technology to solve problems in spaces, light and more things to come. Through our two business segments, Acuity Brands Lighting (ABL) and Acuity Intelligent Spaces (AIS), we design, manufacture, and bring to market products and services that make a valuable difference in people’s lives. We achieve growth through the development of innovative new products and services, including lighting, lighting controls, building management solutions, and an audio,...

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South Plains Financial, Inc. Announces 6% Increase to Quarterly Cash Dividend

LUBBOCK, Texas, Jan. 22, 2026 (GLOBE NEWSWIRE) — South Plains Financial, Inc. (NASDAQ:SPFI) (“South Plains”), the parent company of City Bank, today announced that its Board of Directors has declared a quarterly cash dividend of $0.17 per share of common stock, a 6% increase from the most recent quarterly cash dividend declared in November 2025. The dividend is payable on February 17, 2026 to shareholders of record as of the close of business on February 2, 2026. About South Plains Financial, Inc. South Plains is the bank holding company for City Bank, a Texas state-chartered bank headquartered in Lubbock, Texas. City Bank is one of the largest independent banks in West Texas and has additional banking operations in the Dallas, El Paso, Greater Houston, the Permian Basin, and College Station, Texas markets, and the Ruidoso, New...

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Business First Bancshares, Inc., Announces Financial Results for Fiscal Year 2025 and Q4 2025

BATON ROUGE, La., Jan. 22, 2026 (GLOBE NEWSWIRE) — Business First Bancshares, Inc. (NASDAQ: BFST) (Business First), parent company of b1BANK, today announced its unaudited results for the quarter ended Dec. 31, 2025. Business First reported net income available to common shareholders of $21.0 million or $0.71 per diluted common share, decreases of $0.5 million and $0.02, respectively, compared to the linked quarter. On a non-GAAP basis, core net income for the quarter ended Dec. 31, 2025, which excludes certain income and expenses, was $23.5 million or $0.79 per diluted common share, increases of $2.3 million and $0.07 from the linked quarter. For the year ended Dec. 31, 2025, Business First reported net income available to common stockholders of $82.5 million or $2.79 per diluted common share, increases of $22.8 million and $0.53,...

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Perimeter Solutions Completes Acquisition of MMT

CLAYTON, Mo., Jan. 22, 2026 (GLOBE NEWSWIRE) — Perimeter Solutions, Inc. (NYSE: PRM) (“Perimeter,” “Perimeter Solutions,” or the “Company”), today announced that it has completed the acquisition of Medical Manufacturing Technologies LLC (“MMT”) from Arcline Investment Management (“Arcline”) for approximately $685 million in cash, including certain tax benefits. The signing of the definitive agreement was previously announced on December 10, 2025. The Company financed the transaction with cash on hand and the proceeds of the senior secured notes offering that closed on January 2, 2026. MMT is a leading provider of highly engineered machinery and associated aftermarket consumables, parts, and services for the manufacturing of minimally invasive medical devices. Nearly all MMT’s revenue is generated from proprietary products and approximately...

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Sotherly Hotels Inc. Stockholders Approve Merger Transaction

WILLIAMSBURG, Va., Jan. 22, 2026 (GLOBE NEWSWIRE) — Sotherly Hotels Inc. (Nasdaq: SOHO) (“Sotherly” or the “Company”) today announced that the stockholders of the Company voted to approve the merger (the “Merger”) of the Company with KW Kingfisher LLC, a joint venture led and sponsored by affiliates of Kemmons Wilson Hospitality Partners, LP, with Ascendant Capital Partners LP serving as a strategic joint venture partner (collectively, the “Joint Venture”), under which the Joint Venture entity will acquire all outstanding shares of Sotherly common stock. The final voting results of the proposals voted on at the special meeting held on January 22, 2026, will be set forth in the Company’s Form 8-K to be filed with the U.S. Securities and Exchange Commission. The Merger is subject to the satisfaction of closing conditions and is expected...

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Universal Token, Inc. ($UTKN) and The SUSTECH Bank Sign a Strategic Alliance MoU to Advance Institutional Digital Asset and Settlement Infrastructure Across Africa and Asia

DUBAI, United Arab Emirates, Jan. 22, 2026 (GLOBE NEWSWIRE) — Universal Token, Inc. (OTCQB: UTKN) ($UTKN), a publicly traded company developing institutional-grade digital infrastructure for real-world asset tokenization, and The SUSTECH Bank (www.sustech.earth), a global sustainable technology and development finance platform focused on scalable innovation across emerging markets, announce the signing of a Memorandum of Understanding (MoU). The agreement calls for establishing a strategic alliance to design, deploy, and scale institutional digital asset and settlement infrastructure across Africa, Asia, and selected global corridors. Strategic Scope of Collaboration Under the MoU, the parties intend to collaborate across the following areas:Co-architecture of institutional digital asset platforms, including tokenized real-world...

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