Technology

Allegiant Announces Future Board Composition Following Sun Country Acquisition

Published

5 months ago

April 20, 2026

LAS VEGAS, April 20, 2026 /PRNewswire/ — Allegiant Travel Company (NASDAQ: ALGT) today announced the anticipated structure of its Board of Directors following the acquisition of Sun Country Airlines (NASDAQ: SNCY). Upon closing, the Allegiant Board will expand from eight to eleven members with Jude Bricker, Jennifer Vogel and Thomas Kennedy, all current Sun Country Board members, to join Allegiant’s Board at that time.

In January, Allegiant announced it was acquiring Sun Country in a transaction expected to close as early as May 13, 2026. The combination will form the leading, leisure-focused U.S. airline that is expected to expand affordable, convenient service to more vacation destinations domestically and internationally. After closing, the combined company will operate under the Allegiant name. The airlines will continue operating separately until receiving a single operating certificate from the FAA. There is expected to be no immediate change to ticketing or schedules, and customers can continue to book their flights through allegiant.com and suncountry.com.

“This combination marks a major achievement for both Allegiant and Sun Country, and we look forward to the Allegiant leadership team guiding the company forward,” said Maurice J. Gallagher, Allegiant’s founder and Board Chairman. He added, “The addition of Jude Bricker, Jennifer Vogel, and Thomas Kennedy to our Board reflects the governance structure established for the combined company in the Merger Agreement, and brings to the Allegiant Board even greater expertise in airlines, finance and corporate leadership that will benefit the shareholders, employees and customers of the combined companies.”

Joining the Board upon closing will be:

Jude Bricker has served as President and CEO of Sun Country Airlines since 2017 and has been a Sun Country director since 2018. A seasoned aviation executive with two decades of industry experience, he previously served as Allegiant’s Chief Operating Officer and held multiple leadership roles at Allegiant from 2006–2017, overseeing key commercial, operational, and financial functions. Earlier, he was a finance manager at American Airlines. He also served as an infantry officer in the United States Marine Corps from 1996 to 2002. Mr. Bricker holds a B.S. in Civil Engineering from Texas A&M University and an MBA from the University of Texas, and he is an independent director of SAS Airlines.

Jennifer Vogel has served as Chair of the Sun Country Airlines Board since March 2023 and has been a director since 2022. She is a former senior airline legal and compliance executive, having served as Senior Vice President, General Counsel, Secretary, and Chief Compliance Officer of Continental Airlines (retired 2010). Ms. Vogel currently serves on the boards of AAR Corp. and the Telluride Regional Airport Authority and previously served on the board of Virgin America. She holds a BBA from the University of Iowa and a JD from the University of Texas.

Thomas C. Kennedy has served on the Sun Country Airlines Board since 2021. He is President and CEO, North America at SIXT Rental Car and previously served as its President and CFO. Mr. Kennedy is a former public-company CFO, including as CFO of Hertz Global Holdings, with earlier senior finance leadership roles at Hilton Worldwide and Northwest Airlines. He holds a BA in Economics from Tulane University and an MBA from Harvard University.

“We are excited to welcome these accomplished leaders to Allegiant’s Board upon closing,” said Gregory C. Anderson, CEO of Allegiant. “Their experience and perspective will be valuable as we continue building a stronger, differentiated airline that better serves the communities and customers across our combined network.”

The current Allegiant Board, led by Chairman Maurice J. Gallagher, will continue its oversight responsibilities, with the new members joining effective upon the completion of the Sun Country acquisition.

Strategically, the combination brings together complementary route networks – Allegiant’s focus on small and mid-sized markets and Sun Country’s presence in larger cities – creating more than 650 routes (551 Allegiant routes and 105 Sun Country routes) and connecting Minneapolis–St. Paul to additional mid-sized markets while expanding nonstop access to popular leisure destinations. The combined airline also adds broader international reach by leveraging Sun Country’s service across Mexico, Central America, Canada, and the Caribbean, providing Allegiant customers access to 18 international destinations. The combined company will be headquartered in Las Vegas while maintaining a significant presence in Minneapolis–St. Paul.

About Allegiant – Together We Fly™
Las Vegas-based Allegiant (NASDAQ: ALGT) is an integrated travel company with an airline at its heart, focused on connecting customers with the people, places, and experiences that matter most. Since 1999, Allegiant Air has linked travelers in small-to-medium cities to world-class vacation destinations with all-nonstop flights and industry-low average fares. Today, Allegiant’s fleet serves communities across the nation, with base airfares less than half the cost of the average domestic roundtrip ticket. For more information, visit us at Allegiant.com. Media information, including photos, is available at http://gofly.us/iiFa303wrtF

Cautionary Statement Regarding Forward-Looking Statements

This communication contains forward-looking statements under the safe harbor provisions of Section 21E of the Securities Exchange Act of 1934, Section 27A of the Securities Act of 1933 and the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and often can be identified by the use of forward-looking terminology such as the words “believe,” “expect,” “guidance,” “anticipate,” “intend,” “plan,” “estimate”, “project”, “hope” or similar expressions. Forward-looking statements in this communication are based on Allegiant’s and Sun Country’s current expectations, estimates and projections about the expected date of closing of the proposed transaction and the potential benefits thereof, their respective businesses and industries, management’s beliefs and certain assumptions made by Allegiant and Sun Country, all of which are subject to change. Forward-looking statements in this communication may relate to, without limitation, the benefits of the proposed transaction, including future financial and operating results; the parties’ respective plans, objectives, expectations and intentions; the expected timing and likelihood of completion of the proposed transaction; expected synergies of the proposed transaction; the timing and result of various regulatory proceedings related to the proposed transaction; the ability to execute and finance current and long-term business, operational, capital expenditures and growth plans and strategies; the impact of increased or increasing transaction and financing costs associated with the proposed transaction or otherwise, as well as inflation and interest rates; and the ability to access debt and equity capital markets.

Forward-looking statements involve risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statements. Accordingly, there are or will be important factors that could cause actual results to differ materially from those indicated in such statements and, therefore, you should not place undue reliance on any such statements and caution must be exercised in relying on forward-looking statements. Important risk factors that may cause such a difference include, but are not limited to, the following: the occurrence of any event, change or other circumstance that could give rise to the right of one or both of the parties to terminate the definitive merger agreement for the proposed transaction; the risk that potential legal proceedings may be instituted against Allegiant or Sun Country and result in significant costs of defense, indemnification or liability; the possibility that the proposed transaction does not close when expected or at all because required stockholder approvals, required regulatory approvals or other conditions to closing are not received or satisfied on a timely basis or at all (and the risk that such regulatory approvals may result in the imposition of conditions that could adversely affect the combined company or the expected benefits of the proposed transaction); the risk that the combined company will not realize expected benefits, cost savings, accretion, synergies and/or growth from the proposed transaction or that any of the foregoing may take longer to realize or be more costly to achieve than expected; disruption to the parties’ businesses as a result of the announcement and pendency of the proposed transaction; the costs associated with the anticipated length of time of the pendency of the proposed transaction, including the restrictions contained in the definitive merger agreement on the ability of each of Sun Country and Allegiant to operate their respective businesses outside the ordinary course consistent with past practice during the pendency of the proposed transaction; the diversion of Allegiant’s and Sun Country’s respective management teams’ attention and time from ongoing business operations and opportunities on acquisition-related matters; the risk that the integration of Sun Country’s operations will be materially delayed or will be more costly or difficult than expected or that Allegiant is otherwise unable to successfully integrate Sun Country’s businesses into its businesses; the possibility that the proposed transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; reputational risk and potential adverse reactions of Allegiant’s or Sun Country’s customers, suppliers, employees, labor unions or other business partners, including those resulting from the announcement or completion of the proposed transaction; the dilution caused by Allegiant’s issuance of additional shares of its common stock in connection with the consummation of the proposed transaction; a material adverse change in the business, condition or results of operations of Allegiant or Sun Country; changes in domestic or international economic, political or business conditions, including those impacting the airline industry (including customers, employees and supply chains); Allegiant’s and Sun Country’s ability to successfully implement their respective operational, productivity and strategic initiatives; the outcome of claims, litigation, governmental proceedings and investigations involving Allegiant or Sun Country; and a cybersecurity incident or other disruption to Sun Country’s or Allegiant’s technology infrastructure.

Forward-looking statements in this communication are qualified by and should be read together with, the risk factors set forth above and the risk factors included in Allegiant’s and Sun Country’s respective annual and quarterly reports as filed with the Securities and Exchange Commission (the “SEC”), as well as the risk factors included in Allegiant’s registration statement on Form S-4 (Registration No. 333-294712), as filed with the SEC on March 27, 2026 (https://www.sec.gov/Archives/edgar/data/1362468/000114036126011799/ny20065073x3_s4.htm) (the “Registration Statement”), and readers should refer to such risks, uncertainties and risk factors in evaluating such forward-looking statements.

The forward-looking statements in this communication are made only as of the date they were first issued, and unless otherwise required by applicable securities laws, Allegiant and Sun Country disclaim any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Important Additional Information and Where to Find It

In connection with the proposed transaction, Allegiant filed with the SEC the Registration Statement, which includes a prospectus with respect to the shares of Allegiant’s common stock to be issued in the proposed transaction and a joint proxy statement for Allegiant’s and Sun Country’s respective stockholders. The Registration Statement was declared effective on March 31, 2026, and Allegiant filed a final prospectus on March 31, 2026 (which is available at https://www.sec.gov/Archives/edgar/data/1362468/000114036126012380/ny20065073x5_424b3.htm), and Sun Country filed a definitive proxy statement on March 31, 2026 (which is available at https://www.sec.gov/Archives/edgar/data/1743907/000114036126012383/ny20068391x1_defm14a.htm) (together, the “Definitive Joint Proxy Statement/Prospectus”).

Each of Allegiant and Sun Country may also file with or furnish to the SEC other relevant documents regarding the proposed transaction. This communication is not a substitute for the Registration Statement, the Definitive Joint Proxy Statement/Prospectus or any other document that Allegiant or Sun Country may file with the SEC or send to their respective stockholders in connection with the proposed transaction. INVESTORS AND SECURITY HOLDERS OF ALLEGIANT AND SUN COUNTRY ARE URGED TO READ THE REGISTRATION STATEMENT AND THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS INCLUDED WITHIN THE REGISTRATION STATEMENT, AS WELL AS ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC IN CONNECTION WITH THE PROPOSED TRANSACTION OR INCORPORATED BY REFERENCE INTO THE REGISTRATION STATEMENT AND THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO), BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION REGARDING ALLEGIANT, SUN COUNTRY, THE PROPOSED TRANSACTION AND RELATED MATTERS. Investors and security holders of Allegiant and Sun Country may obtain free copies of these documents and other documents filed with the SEC by Allegiant or Sun Country through the website maintained by the SEC at http://www.sec.gov or from Allegiant at its website, https://ir.allegiantair.com/financials/sec-filings/default.aspx, or from Sun Country at its website, https://ir.suncountry.com/financials/sec-filings. Documents filed with the SEC by Allegiant will be available free of charge by accessing Allegiant’s website at https://ir.allegiantair.com/financials/sec-filings/default.aspx, or alternatively by directing a request by mail to Allegiant’s Investor Relations department, 1201 North Town Center Drive, Las Vegas, NV 89144, and documents filed with the SEC by Sun Country will be available free of charge by accessing Sun Country’s website at https://ir.suncountry.com/financials/sec-filings, or alternatively by directing a request by mail to Sun Country’s Investor Relations department, 2005 Cargo Road, Minneapolis, MN 55450.

Participants In The Solicitation

Allegiant, Sun Country and certain of their respective directors and executive officers may be deemed to be participants in the solicitation of proxies from the stockholders of Allegiant and Sun Country in connection with the proposed transaction under the rules of the SEC.

Information about the interests of the directors and executive officers of Allegiant and Sun Country and other persons who may be deemed to be participants in the solicitation of stockholders of Allegiant and Sun Country in connection with the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, is included in the Definitive Joint Proxy Statement/Prospectus.

Information about the directors and executive officers of Allegiant, their ownership of Allegiant common stock and Allegiant’s transactions with related persons can also be found in the Allegiant Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the SEC on February 26, 2026, as amended by Amendment No. 1 on Form 10-K/A, filed with the SEC on March 26, 2026 (the “Allegiant Annual Report”), and other documents subsequently filed by Allegiant with the SEC, which are available on its website, https://ir.allegiantair.com/financials/sec-filings/default.aspx. To the extent holdings of Allegiant common stock by the directors and executive officers of Allegiant have changed from the amounts of Allegiant common stock held by such persons as reflected therein, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1362468&owner=exclude under the tab “Ownership Disclosures”.

Information about the directors and executive officers of Sun Country, their ownership of Sun Country common stock and Sun Country’s transactions with related persons can also be found in the definitive proxy statement for Sun Country’s 2025 annual meeting of stockholders, as filed with the SEC on Schedule 14A on April 25, 2025 (which is available at https://ir.suncountry.com/financials/sec-filings), and other documents subsequently filed by Sun Country with the SEC. Such information is set forth in the sections entitled “Proposal 1– Reelection of Directors”, “Proposal 2 – Non-binding (Advisory) Vote to Approve the Compensation of Our Named Executive Officers”, “Executive Compensation”, “Certain Relationships and Related Person Transactions” and “Security Ownership of Certain Beneficial Owners and Management” of such definitive proxy statement. Please also refer to Sun Country’s subsequent Current Reports, as filed with the SEC on Form 8-K on September 22, 2025 (which is available at https://ir.suncountry.com/financials/sec-filings) and on October 30, 2025, regarding subsequent changes to Sun Country’s Board of Directors and executive management following the filing of such definitive proxy statement. To the extent holdings of Sun Country common stock by the directors and executive officers of Sun Country have changed from the amounts of Sun Country common stock held by such persons as reflected in the definitive proxy statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC, which are available at https://www.sec.gov/edgar/browse/?CIK=1743907&owner=exclude under the tab “Ownership Disclosures”.

Free copies of these documents may be obtained as described above.

No Offer or Solicitation

This communication is for informational purposes only and does not constitute, or form a part of, an offer to sell, an offer to buy, or the solicitation of an offer to sell or the solicitation of an offer to buy any securities, and there shall be no sale of securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, and otherwise in accordance with applicable law.

Contacts

Allegiant

Media Inquiries: mediarelations@allegiantair.com

Investor Inquiries: ir@allegiantair.com

Sun Country

Media Inquiries:
Wendy Burt
mediarelations@suncountry.com

Investor Relations:
Chris Allen
IR@suncountry.com

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SOURCE Allegiant Travel Company

Technology

OpenText, Cohere Partner to Combine Trusted Data with Agentic AI

Published

16 minutes ago

September 16, 2026

Partnership combines OpenText’s trusted data and context with Cohere’s North platform and models to help organizations build, connect, and orchestrate agentic AI from pilot to production

MONTREAL, Sept. 16, 2026 /CNW/ — OpenText Corporation (NASDAQ: OTEX) (TSX: OTEX), a global leader in data management and context for enterprise AI, and Cohere, the world’s leading sovereign AI company, today announced a strategic partnership at the ALL IN AI conference to bring trusted agentic AI to governments and regulated industries.

Together, OpenText and Cohere provide complementary layers of the AI stack for the agentic enterprise. As the data and context layer, OpenText unlocks enterprise data, including unstructured, operational and transactional data, and gives agentic AI the context it needs. Cohere provides the application and orchestration layer through North, its secure, privately deployable agentic AI platform, together with its cutting-edge enterprise AI models for powering complex automations. Clients have the choice of where it all runs: on-premises, or in a private, public, or sovereign cloud depending on their security, data, and deployment requirements.

“Data is not the supporting act; it is what gives agentic AI the context it needs to perform,” said Ayman Antoun, Chief Executive Officer, OpenText. “OpenText brings the data and context layer, while Cohere brings the orchestration and models that turn that data into agentic AI that acts with purpose. Together, we give clients what they need to build the agentic enterprise.”

Expected to reach clients in early 2027, the OpenText and Cohere agentic solution is purpose built for governments and organizations in highly regulated sectors, where AI agents must reason over trusted data and act across systems without sacrificing control over data location, security, or deployment. OpenText’s data and context layer already runs inside the world’s top 20 federal governments, along with healthcare systems, financial institutions, insurers, and global supply chains, through its Content, Business Network, IT Operations Management (ITOM), and Cybersecurity solutions.

“Enterprises and governments need AI that can work with their most important data while keeping them in control of where that data lives and how it is used,” said Aidan Gomez, Co-founder and CEO of Cohere. “By bringing North and our models together with OpenText’s trusted data and context, we’re giving organizations a secure path to move agentic AI from pilot to production and put it to work across the systems and workflows their teams rely on every day.”

OpenText brings clients a world-class ecosystem of partners that together deliver the full AI stack they need to deploy agentic AI. The OpenText and Cohere partnership will include product development, integration of Cohere’s agentic platform and models into OpenText Aviator AI agents, coordinated go-to-market execution, and a strategic reseller relationship through SOLEX, enabling OpenText to offer Cohere-supported solutions both on-premises and through OpenText Cloud.

Two Canadian AI Leaders With Global Reach

OpenText was founded in Canada in 1991 and serves more than 120,000 enterprise clients in 180 countries. Cohere was founded in Toronto in 2019 and is the world’s leading sovereign AI company building cutting-edge foundation models and end-to-end AI products for enterprise and public sector organizations. Together, the companies extend a common foundation in trust and security to regulated markets worldwide, where deployment choice and control over data matter most.

About OpenText

OpenText™ is a global leader in data management for enterprise AI, helping organizations protect, govern, and activate their data with confidence. Our technologies turn data into information with context to form the knowledge base for enterprise AI. Learn more at www.opentext.com.

About Cohere

Cohere, founded in 2019, is the world’s leading sovereign AI company building foundations models and end-to-end AI products to solve real-world business problems. Cohere partners with organizations to deliver seamless integration, customization and user-friendly solutions. Its all-in-one platform provides maximum security, privacy and deployment flexibility across clouds, private environments and on-premises. Headquartered in Toronto and San Francisco, Cohere operates additional offices in London, New York, Montreal, Paris, and Seoul, serving customers worldwide. The company has raised ~1.6 billion USD from strategic investors (AMD Ventures, Salesforce Ventures, Oracle, Cisco), institutional investors (Radical Ventures, Inovia Capital, PSP Investments, HOOPP, BDC, Nexxus), and AI pioneers including Geoffrey Hinton, Fei-Fei Li, Pieter Abbeel, and Raquel Urtsaun. For more information, visit Cohere.com.

Cautionary Statement Regarding Forward-Looking Statements

Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws, including statements about Open Text Corporation (“OpenText” or the “Company”) regarding the anticipated benefits of the partnership between OpenText and Cohere, product development, and integration of Cohere’s North platform and models into OpenText’s enterprise AI Aviator portfolio, coordinated go-to-market activities, and the expected timing and availability of integrated capabilities.

These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText’s assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText’s Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Readers are cautioned not to place undue reliance upon any such forward-looking statements, which speak only as of the date made. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Further, readers should note that we may announce information using our website, press releases, securities law filings, public conference calls, webcasts and the social media channels identified on the Investors section of our website (https://investors.opentext.com). Such social media channels may include the Company’s or our CEO’s blog, X, formerly known as Twitter, account or LinkedIn account. The information posted through such channels may be material. Accordingly, readers should monitor such channels in addition to our other forms of communication.

OTEX-G

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SOURCE Open Text Corporation

Technology

New BaaS Platform Bolt by Reseda Group Launches with First Fintech Partner TAPP Engine

Published

16 minutes ago

September 16, 2026

New platform signs TAPP Engine as first fintech leveraging Bolt to accelerate delivery of cash management solutions directly to MSUFCU as the Financial Institution of Record

EAST LANSING, Mich., Sept. 16, 2026 /PRNewswire/ — Reseda Group today announced the launch of Bolt by Reseda Group, a Banking-as-a-Service (BaaS) platform that enables financial institutions and fintech companies to bring innovative financial solutions to market faster through a secure, API and SDK-driven banking infrastructure with MSU Federal Credit Union (MSUFCU), as the Financial Institution of Record (FIoR). The platform’s first fintech partner, TAPP Engine, is leveraging Bolt to seamlessly connect its cash management solutions directly to MSUFCU as the FIoR, delivering fully branded, modern, embedded banking experiences to their customers.

Bolt delivers the infrastructure fintechs and financial institutions need to launch and scale new products while maintaining the trust, compliance, and security consumers expect. Through a comprehensive suite of APIs, SDKs (Software Development Kit), and software solutions, the platform supports modern digital banking experiences, including account opening, payments and money movement, debit card issuance, external account connectivity, and embedded finance capabilities.

Developed by Reseda Group and informed by the proven innovation experience of MSU Federal Credit Union (MSUFCU), Bolt combines the agility of modern BaaS infrastructure with the real-world expertise of a financial institution that has successfully built and deployed fintech solutions. The result is a secure, scalable platform that empowers fintechs and financial institutions to innovate together, accelerate time to market, and deliver new financial experiences to consumers with confidence.

“Speed to market is essential for both financial institutions and fintech innovators looking to meet evolving consumer expectations,” said Ben Maxim, Chief Operating Officer at Reseda Group and Chief Technology Officer at MSUFCU. “Bolt by Reseda Group was built to remove the barriers that often slow innovation by creating a secure, seamless bridge between fintech innovators and trusted financial institutions. With APIs, flexible integration options, and comprehensive banking infrastructure, we’re helping organizations bring new solutions and enhanced experiences to people today, not years from now.”

Bolt enables financial institutions to accelerate fintech partnerships, expand digital banking capabilities, introduce new deposit experiences, and power embedded finance solutions. For fintech companies, the platform provides the flexibility to focus on building transformative experiences without navigating the regulatory and operational complexities of becoming a licensed financial institution.

Through a governed framework, Bolt works with specific vendor partners to securely support Know Your Customer/Know Your Business (KYC/KYB) processes before new account opening begins. Once accounts are established, MSUFCU provides ongoing account monitoring, compliance oversight and identification of unusual account activity to support continued risk management. This shared responsibility model allows fintechs to focus on their customer experience and what they do best.

With Bolt, fintechs and financial institutions gain access to:

Speed to market: Accelerate product launches through streamlined API/SDK connectivity and pre-built banking capabilities.Complete banking infrastructure: Access onboarding, account management, payments, debit card services, and digital banking functionality through a single platform.Secure innovation: Leverage infrastructure designed with compliance, security, and operational resilience in mind.Scalable growth: Adapt financial offerings as consumer and business needs evolve without redesigning entire systems.Simplified integration: Use modern APIs, SDKs, webhooks, and flexible development tools to accelerate implementation.

As Bolt’s first fintech client, TAPP Engine is leveraging the platform to connect its cash management tools directly to the financial institutions holding its clients’ deposits. Bolt enables TAPP Engine to deliver a fully white-labeled private banking experience, allowing each TAPP client to offer a branded, seamless way to manage cash while keeping deposits with trusted credit unions.

“Bolt gives TAPP Engine the critical infrastructure to connect our cash management tools directly to the institutions holding our clients’ deposits,” said Will Dolan, President of TAPP Engine. “Its BaaS platform allows us to deliver a fully white-labeled private banking experience, so every TAPP client can offer a branded, seamless way to manage cash. Because those deposits sit with credit unions, we’re able to pair a premium experience with the trust and community focus that sets this offering apart.”

The launch of Bolt builds on Reseda Group’s vision to strengthen connections between people and their financial institutions through next-generation solutions. By bringing the operational experience of MSUFCU together with the innovation and agility of fintech partners, Bolt creates new opportunities for financial institutions and technology companies to collaborate, expand access to financial services and deliver greater value to the people and businesses they serve.

For more information about Bolt by Reseda Group, visit resedagroup.com/bolt.

About Reseda Group
Headquartered in East Lansing, Michigan, Reseda Group is a wholly owned credit union service organization of MSU Federal Credit Union (MSUFCU). Formed in 2021, Reseda Group changes the way people interact with their finances and how financial institutions engage with their consumers. By leveraging innovative products developed in-house and through its partnership ecosystem, Reseda Group is making financial technology and engagement solutions more accessible and approachable to the industry. Learn more at resedagroup.com.

About TAPP Engine
TAPP Engine modernizes capital formation, wealth management, and liquidity infrastructure for credit unions, community financial institutions, and regional financial institutions. Brokerage services are offered through TAPP Engine Securities, LLC. (“TES”). Digital Advisory services and technology offered through TAPP Engine Advisors, LLC (“TEA). Visit tappengine.com to learn more.

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SOURCE Reseda Group

Technology

Ember Launches Mug 3, its Third-Generation Flagship Smart Mug

Published

16 minutes ago

September 16, 2026

Ember’s newest smart mug adds on-mug temperature control, dishwasher-safe design, and an included lid for extended battery life, helping customers elevate the everyday coffee and tea ritual

WESTLAKE VILLAGE, Calif., Sept. 16, 2026 /PRNewswire/ — Ember Technologies, the global leader in temperature-controlled drinkware, launched Ember Mug 3 today, the third generation of its flagship mug. Building on more than 10 years of market leadership, Mug 3 introduces several of the most requested improvements from Ember customers. For the first time, users can adjust their drinking temperature directly from the mug without opening the Ember app. Mug 3 is also top-rack dishwasher-safe, making cleaning it easier than ever, and every mug now includes a sipping lid that extends the battery life.

“Ember has leveraged new technology and innovation to make the new Mug 3 easier and more natural to use, all while maintaining its award-winning design,” said Matt Murray, CEO of Ember. “We listened to our user feedback when developing the new mug, and are excited to share it with the Ember community. If you are an existing Ember user, we think you will be delighted with the new features, and if you are a first-time user, we are excited to change the way you drink your coffee or tea every day.”

With the introduction of Mug 3, users can now set the temperature either on the mug itself or using the accompanying Ember app. Owners press the power button at the bottom of the mug to cycle through five temperature settings in preset five-degree increments, from 125 to 145 degrees Fahrenheit. The on-board temperature seamlessly syncs with the Ember app.

Ember improved the materials and manufacturing process for Mug 3 to make it top-rack dishwasher-safe while maintaining the same stainless steel and an FDA-compliant, ceramic-reinforced exterior and interior coating as previous Ember mugs. Caring for your Ember mug is now easier than ever.

Additionally, every Mug 3 now includes a sliding lid to help prevent spilling and keep a drink at its ideal temperature for up to three hours on a single charge, giving users even more time to savor their coffee and tea.

The Mug 3 ships in 10-ounce and 14-ounce sizes. The 10-ounce is available for $129 USD in black, white, and a new stainless model, while the 14-ounce is $149 USD and has eight color options: black, sage green, lavender, powder blue, salt blue, sandstone, white, and matcha green.

Ember Mug 3 is now available for purchase at ember.com and will be sold at Target, both online and in-store starting September 27. In October, it will also be available on Amazon.

About Ember Technologies
Ember Technologies is a global design-led temperature control brand and technology platform whose mission is to revolutionize the way people eat, drink, and live. Ember Technologies creates, designs, and develops temperature control products that offer people complete customization. The award-winning Ember Travel Mug and Ember Mug are the most advanced coffee mugs on the market, allowing individuals to set and maintain their preferred drinking temperature for hot beverages. For more information, visit ember.com and connect with us on Instagram, Facebook, and TikTok.

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SOURCE Ember Technologies, Inc.