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ECARX Enters Definitive Agreement to Acquire Full Flyme Software Business, Securing End-to-End OS Capabilities

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Full acquisition of Flyme Auto and Flyme OS secures a mature, production-proven software stack, strengthening proprietary software stack and end-to-end OS capabilities.Flyme Auto OS already deployed by ECARX in over two million vehicles to date.

LONDON, June 22, 2026 /PRNewswire/ — ECARX Holdings Inc. (Nasdaq: ECX) (“ECARX”), a leading global supplier of intelligent automotive computing and software solutions, today announced it has entered into a definitive agreement to acquire the entire Flyme software business portfolio, comprising Flyme Auto, an in-vehicle cockpit operating system, and a cross-device Flyme operating system.

Flyme Auto OS is already deployed by ECARX in over 2 million production vehicles across multiple OEM partners. Flyme OS is a mature mobile operating system built on more than 15 years of continuous R&D iteration and mass-market deployment experience. The platform has proven scalable commercial traction and mature industrialization capacity, with implementations spanning a broad ecosystem of devices including passenger vehicles, smartphones and smart wearables.

This definitive agreement represents a significant expansion of the preliminary acquisition plan announced in April 2026. Following completion of due diligence, ECARX decided that a full acquisition best serves its long-term product and strategic objectives

This will be implemented by acquiring 100% of the equity interest in a new entity carved out from DreamSmart Group, Hubei Qiguang Technology Co., Ltd. (the “Acquired Entity”), from its three selling shareholders, for an aggregate total transaction consideration of RMB1.8 billion (approximately USD266 million)

The acqusition will be structured as a clean carve-out from DreamSmart Group (DreamSmart), the Acquired Entity is expected to obtain ownership of the entire Flyme business portfolio, comprising Flyme Auto and Flyme OS. The two software platforms deliver end-to-end full-stack software infrastructure spanning multi-screen cabin interaction, seamless mobile-IoT-vehicle connectivity, core middleware, UI/UX frameworks and comprehensive application development toolkits. Within six months after the closing date of the deal, the Acquired Entity will house all mission-critical Flyme intellectual property, R&D teams, engineering resources, OEM customer contracts and supporting operational infrastructure, free of legacy liabilities.

The selling parties comprise Wuhan Xingji Meizu Technology Co., Ltd., Zhuhai Meizu Technology Co., Ltd., and Hubei Xingji Meizu Group Co., Ltd.

An independent valuation as of May 31, 2026 determined the Acquired Entity’s equity value at RMB1.824 billion, with the transaction consideration comprising RMB1.8 billion (approximately USD266 million) for full equity purchase. The target software platform has achieved profitability in 2026 on management accounts, underpinned by rising revenue from software licensing, custom development and intelligent cockpit system deliveries.

The global in-car intelligence market represents a massive, fast-growing total addressable market, as automakers migrate from simple smartphone mirroring solutions toward embedded native operating systems that offer deeper hardware integration and AI capabilities. The Flyme full-stack OS positions ECARX to capture a significantly larger share of this long-term growth opportunity by offering a proprietary, end-to-end software architecture.

The transaction is expected to be funded via a balanced mix of approximately 70% syndicated bank loans from Chinese commercial banks on market terms and with a 10-year maturity; and approximately 30% from internal sources including offset of certain existing loans to DreamSmart. Payment will follow a two-phase schedule: 30% of the consideration due within 30 days after signing, with the remaining 70% payable within 30 days after completion of equity transfer. After closing ECARX will support the Acquired Entity with a RMB200 million capital injection to support operations. Closing remains subject to standard preconditions, including satisfactory financial, legal and technical due diligence, full IP transfer, core talent retention and no material adverse change events.

Ziyu Shen, Founder and CEO of ECARX Holdings Inc commented: 
“Securing the rights to the full Flyme software stack is a defining moment for ECARX’s software-defined vehicle vision. This acquisition aligns our hardware and software roadmaps, and delivers a proprietary end-to-end operating system to sharpen our competitive positioning with global OEMs. Flyme’s proven cross-device ecosystem and proven mass-production footprint will unlock substantial sustainable new revenue streams through software licensing, integration services and connected car ecosystem monetization.”

Upon completion, ECARX will operate Flyme as an independent software division, preserving R&D continuity and ensuring seamless transition for existing customers. Existing operators of Flyme OS will continue to receive updates for the foreseeable future, with user data remaining in each individual operator’s ownership. ECARX and the Flyme team will jointly advance integrated vehicle-to-mobile intelligent experiences while scaling cockpit software licensing to global automotive partners.

About ECARX Holdings 
ECARX (Nasdaq: ECX), headquartered in London, is a leading global automotive intelligence company. ECARX provides the intelligent brain that powers the next generation of software-defined and AI defined vehicles. The company delivers end-to-end, full-stack solutions spanning advanced system-on-chip hardware, high-performance central computing platforms, intelligent cockpit technology, Advanced Driver Assistance Systems, cloud connectivity and physical AI, alongside bespoke vehicle software and intelligent operating systems. As automakers transition to software-first and AI-first vehicle architectures, ECARX empowers automakers to streamline integration, reduce systemic complexity and optimize long-term cost efficiency. ECARX’s proven technology is deployed across over 11 million vehicles worldwide and is currently partnered with 18 global automakers and 28 vehicle brands to shape the future of automotive intelligence.  Founded in 2017 and listed on Nasdaq in 2022, ECARX operates from 13 major international locations across Europe, the Americas and Asia, with a global team of over 1,400 employees.

About Flyme OS
Flyme is a mature multi-branch operating system covering automotive, smartphones and smart wearables, forged from over 15 years of continuous R&D and global mass deployment. Created by Meizu, its lineup includes Flyme AI-OS for mobile, AR and wearable devices, alongside Flyme Auto, an automotive-grade cockpit OS powering over 2 million production vehicles globally. The platform delivers seamless cross-device interconnection, native in-car AI functionality and native compatibility with existing global mirroring solutions from Apple and Android.

View original content:https://www.prnewswire.com/news-releases/ecarx-enters-definitive-agreement-to-acquire-full-flyme-software-business-securing-end-to-end-os-capabilities-302806263.html

SOURCE ECARX Holdings Inc.

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LendingClub Officially Becomes Happen Bank, Marking a New Chapter for the Digital-First Bank

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Begins trading on Nasdaq under the ticker symbol “HAPN”

SAN FRANCISCO, June 22, 2026 /PRNewswire/ — Happen, Inc. (Nasdaq: HAPN) https://www.multivu.com/lending-club/9384851-en-lendingclub-bank-happen-bank-digital-built-help-people-move-forward (formerly LendingClub Corporation) today announced the official launch of the Happen Bank™ brand, marking a significant milestone in its evolution into a digital bank for people who want to make more happen with their money.

Beginning today, Happen Bank’s brand comes to life at www.happen.com, its mobile app, customer communications, advertising, and more. Today also marks the first day that Happen, Inc. common stock will trade on the Nasdaq Stock Market under the HAPN ticker.

“We’ve reached an exciting milestone for our company and for the millions of members we serve,” said Scott Sanborn, CEO of Happen Bank. “Becoming Happen Bank and now trading on Nasdaq reflects how far we’ve come in building a modern digital bank designed around people’s real financial needs. The Happen Bank brand more clearly reflects the role we play in consumers’ lives: helping people make things happen with products that are smart, transparent, and easy to use.”

Happen Bank delivers:

Award-winning unsecured personal loans for debt consolidation, home improvement, and affording life’s important momentsAward-winning high-yield savings accounts that reward consistent saving habitsAward-winning checking accounts offering cash back on essentials purchases and for on-time loan paymentsLending decisions in minutes with transparent terms and no hidden fees or gotchasMobile-first digital banking experiences designed for real-life moments

Happen Bank products are aligned by design to reward members for their positive financial behaviors. For example, members who have a Happen Bank personal loan have the opportunity to get 2% of their monthly payment in cash back1 for making on-time loan payments from their LevelUp Checking account – demonstrating that Happen Bank products deliver even more value when used together. And members who contribute at least $250 to their LevelUp Savings account each month – a contribution threshold designed to fit within most of our members’ budgets – earn more than 10 times the national average APY.2

“Whether it’s consolidating debt, building savings, improving their credit, or planning for what’s next, we clear the way for our members to make meaningful progress and we reward their positive financial behaviors along the way,” said Mark Elliot, Chief Customer Officer of Happen Bank.

A Brand Built for Momentum

The name Happen Bank is intentional. It signals action, progress, and forward momentum.

The brand identity reflects this energy, with a dynamic wordmark and a modern visual system that stands apart from traditional banking conventions.

While the company’s name and visual identity have changed, the foundation that customers know and trust remains unchanged. Happen Bank is still the same FDIC-insured digital bank, operated by the same company and people, serving millions of members with the same commitment to helping them improve their financial lives. Existing accounts, products, login credentials, routing information, and services are unaffected.

“This isn’t just a name change – it’s a recognition of who we’ve become,” said Sanborn. “Happen Bank reflects our commitment to helping members turn intention into action and achieve meaningful financial progress.”

To mark the official launch, we will be ringing the Nasdaq Opening Bell at 9:30 a.m. ET (6:30 a.m. PT) on Tuesday, June 30, 2026, at the Nasdaq MarketSite in Times Square in New York City.

To learn more about Happen Bank and its products, visit Happen.com.

About Happen Bank

Happen Bank™ (formerly LendingClub Bank) is a digital bank built for the Motivated Middle: high-FICO, high-income, digitally savvy consumers actively managing their financial lives. Our difference? We make it easy for them to access award-winning products that help them keep more of what they earn and earn more on what they save. Our products are aligned by design to reward our five million plus members when they take positive financial steps like saving regularly or making loan payments on time.

Our success is fueled by our advanced credit underwriting, a proprietary technology platform engineered for innovation, and a marketplace bank model that drives value for members, loan investors, and shareholders alike. The result is affordable credit, meaningful value, and a trusted banking relationship — delivered consistently and profitably at scale.

Happen Bank exists to clear the way for our members to make it happen.

Happen, Inc. (Nasdaq: HAPN) – formerly LendingClub Corporation – is the parent company and operator of Happen Bank, National Association, Member FDIC. For more information about Happen Bank, visit https://www.happen.com.

Safe Harbor Statement

Some of the statements in this press release, including statements regarding the benefits of our products and services, are “forward-looking statements.” Words such as “plan”, “expect”, “anticipate” and similar expressions may identify forward-looking statements, although not all forward-looking statements may contain these identifying words. Factors that could cause actual results to differ materially from those contemplated by these forward-looking statements include: macroeconomic conditions, competition, demand for our products and services, and those factors set forth in the section titled “Risk Factors” in our most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission, as well as in its subsequent filings with the Securities and Exchange Commission. Actual results or events could differ materially from the plans, intentions and expectations disclosed in forward-looking statements, and you should not place undue reliance on forward-looking statements. We do not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Contacts

For Media: Press@happen.com
For Investors: IR@happen.com

Footnotes
1 Loan payment cash back provides members the opportunity to earn 2% cash back for qualifying payments made electronically from Happen Bank LevelUp Checking accounts if they meet all eligibility criteria as described in the applicable product terms and conditions.
2 National average source: FDIC as of 5/18/2026.

View original content to download multimedia:https://www.prnewswire.com/news-releases/lendingclub-officially-becomes-happen-bank-marking-a-new-chapter-for-the-digital-first-bank-302804847.html

SOURCE Happen, Inc.

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USAN Launches Evolve 90 Managed Services in AWS Marketplace

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90-day managed services program de-risks contact center migrations and accelerates time-to-value for Amazon Connect Customer customers

ATLANTA, June 22, 2026 /PRNewswire-PRWeb/ — USAN, an Amazon Web Services (AWS) Advanced Tier Services Partner with more than 36 years of contact center experience, today announced that Evolve 90, its 90-day managed services go-live program, is now available in AWS Marketplace. AWS Marketplace helps organizations easily discover, try, test, buy, deploy, and manage thousands of software solutions, including pre-built AI agents and ready-to-integrate tools, all in one convenient destination.

“USAN really understood an ecosystem we were totally unfamiliar with Amazon Connect Customer,” said Curtis Olson, CTO at OpenLoop Health. “It was very new territory. Bringing that expertise really gave us a lot more confidence as part of this migration, which was scary for a business of our scale.

Designed to de-risk contact center migrations from day one and accelerate time-to-value, Evolve 90 is USAN’s commitment to ensuring every customer achieves a stable, successful launch and a strong foundation for ongoing innovation. Evolve 90 is included as a core component of USAN’s migration packages: CX Launch and CX Launch + Innovate.

Key Benefits of Evolve 90

Accelerated go-live: Structured 90-day program delivers a production-ready Amazon Connect Customer environment in just 8-12 weeksReduced migration risk: Dedicated managed services support from pre-launch through stabilization minimizes disruption to business operations, with 100% of USAN’s projects completed on-timeStreamlined procurement: AWS customers can purchase and manage Evolve 90 directly within their existing AWS Marketplace accountOngoing optimization: Post-launch support ensures continuous improvement and a clear path to innovation, helping companies see results like a 25% decrease in agent onboarding time and a 30% increase in agent satisfaction

AWS customers now have direct access to USAN’s Evolve 90 within AWS Marketplace, streamlining the purchase and management of Amazon Connect Customer migration services within their existing AWS account.

“Every go-live deserves more than just a deployment,” said Steve Herlocher, SVP of Product, Sales, and Marketing at USAN. “Evolve 90 means our customers don’t just migrate — they land with confidence, operational support, and a clear path forward.”

OpenLoop, the nation’s leading white-label digital health infrastructure provider, highlighted the value of USAN’s expertise during their Amazon Connect Customer migration.

“USAN really understood an ecosystem we were totally unfamiliar with Amazon Connect Customer,” said Curtis Olson, Chief Technology Officer at OpenLoop. “It was very new territory. Bringing that expertise really gave us a lot more confidence as part of this migration, which was scary for a business of our scale.”

Evolve 90 is now generally available in AWS Marketplace. For more information on USAN and its Evolve 90 managed services, please visit: https://usan.com/managed-services-amazon-connect

About USAN

USAN is an AWS Advanced Tier Services Partner specializing in Amazon Connect Customer, helping organizations design and deploy scalable, AI-driven customer interactions that accelerate time to value and maximize ROI. With over 36 years of deep contact center expertise, USAN delivers modern agentic CX solutions and a white-glove approach to optimizing and managing cloud contact center environments through its managed services.

Media Contact

Sophia Lendon, USAN, 1 770-849-3034, sophia.lendon@usan.com, usan.com

View original content to download multimedia:https://www.prweb.com/releases/usan-launches-evolve-90-managed-services-in-aws-marketplace-302805452.html

SOURCE USAN

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G-SHOCK LAUNCHES THE CAMO AND GOLD SERIES, WHERE STREET STYLE MEETS ELEVATED DESIGN

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Bold camouflage meets metallic gold accents across four G-SHOCK silhouettes

JERSEY CITY, N.J., June 22, 2026 /PRNewswire/ — Casio America, Inc., announces the launch of the new G-SHOCK Camo and Gold Series: a collection that takes one of street fashion’s most enduring staples and elevates it with the bold and purposeful design G-SHOCK is known for. Featuring statement-making designs that stay true to the brand’s legacy of absolute toughness, the collection blends streetwear influence with elevated styling for everyday wear.

The new series introduces updated takes on the GM6900CMG-3, GAV01CMG-3A, DW6900CMG-3, and GA700CMG-3A, each featuring a camouflage-inspired pattern paired with gold-tone dials and details that create a bold contrast against the dark resin construction. The collection draws inspiration from military utility aesthetics while incorporating premium metallic finishes for a more elevated, fashion-forward look.

Anchored by matte green and black tones, each model pairs G-SHOCK’s signature durability with gold bezel accents and a dial that adds a refined edge without sacrificing toughness. A redesigned logo, updated feature indicators, and a negative LCD on select models give the collection a fresh, intentional look.

From the iconic front-button design of the 6900 line to the oversized case construction of the GA700, the collection unites some of G-SHOCK’s most recognizable forms under one cohesive design story, delivering a look that moves effortlessly between streetwear and everyday wear.

The Camo and Gold Series include the following models: GM6900CMG-3 ($280), GAV01CMG-3A ($210), DW6900CMG-3 ($145), and GA700CMG-3A ($165).

Select models within the collection feature key G-SHOCK technologies including:

Shock Resistance200M Water ResistanceShock Release Hand (GAV01CMG only)LED LightWorld Time (GAV01CMG & GA700CMG only)StopwatchCountdown Timer5 Daily Alarms (GAV01CMG & GA700CMG only)Multi-Function Alarm (DW6900CMG & GM6900CMG only)10-Year Battery (GAV01 Only)Full Auto Calendar

The G-SHOCK Camo and Gold Series is available today at gshock.com and at the G-SHOCK SoHo Store, as well as through select retailers nationwide.

For more information about G-SHOCK, visit gshock.casio.com/us.

About Casio America, Inc.

Casio America, Inc., the U.S. subsidiary of Casio Computer Co., Ltd., markets and distributes Casio’s portfolio of timepieces, electronic musical instruments, calculators, and education technology products throughout the United States. Guided by the corporate creed of “creativity and contribution,” Casio delivers innovative, reliable, and thoughtfully designed products that enrich everyday life. For more information, visit www.casiousa.com.

MEDIA INQUIRIES CONTACT:
5WPR
gshock@5wpr.com 

CASIO AMERICA, INC.
PR@casio.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/g-shock-launches-the-camo-and-gold-series-where-street-style-meets-elevated-design-302804958.html

SOURCE Casio America, Inc.

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