Connect with us

Technology

Charter Announces Pricing Terms For Debt Exchange Offers

Published

3 months ago

on

STAMFORD, Conn., Aug. 6, 2026 /PRNewswire/ — Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, “Charter”) announced today the pricing terms for the previously announced private offer (the “Pool 1 Offer”) by its wholly-owned subsidiaries, Charter Communications Operating, LLC (“CCO”), Charter Communications Operating Capital Corp. (“CCO Capital” and, together with CCO, collectively, the “CCO Issuers” or the “Company”) and Time Warner Cable, LLC (the “TWC Issuer” and, together with CCO Issuers, the “Old Notes Issuers”), as applicable, to exchange seven series of notes issued by the CCO Issuers or the TWC Issuer, as applicable (collectively, the “Pool 1 Notes”), for a combination of cash consideration and a new series of Senior Secured Notes due 2038 (the “New 2038 Notes”) to be issued by the CCO Issuers in an aggregate principal amount not greater than $2,000,000,000 (the “New 2038 Notes Cap”), as described in the table below. For each $1,000 principal amount of Pool 1 Notes validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on August 5, 2026 and accepted by the applicable Old Notes Issuers, the following table sets forth the yields, the total exchange consideration and the amount of cash component, as priced below:

Issuer(s)

Title of Security

Aggregate Principal Amount Outstanding

CUSIP No./ ISIN(1)

Acceptance Priority Level(2)

Sub-Cap(2)

Reference U.S. Treasury Security

Reference Yield(3)

Fixed Spread (Basis Points)

Exchange Offer Yield(4)

Early Exchange Premium(5)(6)

Total Exchange Consideration(6)

Cash
Component(7)

CCO Issuers

3.500% senior secured notes due 2042

$1,236,000,000

161175CE2 / US161175CE27

1

N/A

5.000% due May 15, 2046

5.186 %

+165 Bps

6.836 %

$50.00

$683.52

$95.00

3.500% senior secured notes due 2041

$1,479,000,000

161175BZ6 / US161175BZ64

2

N/A

4.375% due May 15, 2036

4.637 %

+215 Bps

6.787 %

$50.00

$695.94

$130.00

Time Warner Cable, LLC (“TWC Issuer” or “TWC”)

4.500% senior debentures due 2042

$1,250,000,000

88732JBD9 / US88732JBD90

3

$ 614,423,000

5.000% due May 15, 2046

5.186 %

+190 Bps

7.086 %

$50.00

$754.01

$305.00

CCO Issuers

5.375% senior secured notes due 2047

$2,265,000,000

161175BL7 / US161175BL78

161175BD5

US161175BD52

4

N/A

5.000% due May 15, 2046

5.186 %

+215 Bps

7.336 %

$50.00

$792.65

$120.00

2.300% senior secured notes due 2032

$1,000,000,000

161175BX1 / US161175BX17

5

N/A

4.125% due June 30, 2031

4.355 %

+110 Bps

5.455 %

$50.00

$852.51

$0.00

2.800% senior secured notes due 2031

$1,590,000,000

161175BU7 /  US161175BU77

6

N/A

4.125% due June 30, 2031

4.355 %

+110 Bps

5.455 %

$50.00

$892.49

$0.00

2.250% senior secured notes due 2029

$1,250,000,000

161175CD4 / US161175CD44

7

N/A

4.125% due July 15, 2029

4.270 %

+80 Bps

5.070 %

$50.00

$936.39

$0.00

____________________

(1)

No representation is made as to the correctness or accuracy of the CUSIP or ISIN numbers listed in the Offering Memorandum (as defined below). Such CUSIP and ISIN numbers are provided solely for the convenience of the holders of Pool 1 Notes.

(2)

Subject to the New 2038 Notes Cap and, solely with respect to the 4.500% senior debentures due 2042 issued by the TWC Issuer (the “4.500% Note”), the sub-cap with respect to the aggregate principal amount of such series set forth in this table (the “4.500% Notes Sub-Cap”) and proration, the principal amount of each series of Pool 1 Notes that is exchanged in the Pool 1 Offer will be determined in accordance with the applicable Acceptance Priority Level (in numerical priority order with 1 being the highest Acceptance Priority Level and 7 being the lowest) specified in this column.

(3)

Represents the yield to maturity based on the bid side price of the Reference U.S. Treasury Security specified on this table for each series of Old Notes, as calculated by the Joint Lead Dealer Managers at the Pricing Time (as defined below).

(4)

Represents the sum of (i) the Reference Yield set forth in this table and (ii) the applicable Fixed Spread specified for each series of Pool 1 Notes set forth in this table.

(5)

Per $1,000 principal amount of the Pool 1 Notes validly tendered prior to or at the Early Tender Date (as defined below) (and not validly withdrawn at or prior to the Withdrawal Deadline (as defined below)) and accepted for exchange, to be paid in the form of New 2038 Notes.

(6)

Per $1,000 principal amount of the Pool 1 Notes validly tendered prior to or at the Early Tender Date (and not validly withdrawn at or prior to the Withdrawal Deadline) and accepted for exchange, which will be divided into (i) a cash payment equal to the applicable Cash Component and (ii) a principal amount of New 2038 Notes equal to the Total Exchange Consideration minus such Cash Component. The Total Exchange Consideration is inclusive of the Early Exchange Premium.

(7)

Represents the portion of the Total Exchange Consideration for the Pool 1 Notes that will be payable in cash per $1,000 principal amount of Pool 1 Notes validly tendered and accepted for exchange.

Charter also announced today the pricing terms for the previously announced private offer (the “Pool 2 Offer” and, together with the Pool 1 Offer, the “Exchange Offers”) by the CCO Issuers to exchange five series of notes (collectively, the “Pool 2 Notes” and, together with the Pool 1 Notes, the “Old Notes” and each series of Old Notes, a “series of Old Notes”) for a combination of cash and a new series of Senior Secured Notes due 2041 (the “New 2041 Notes” and, together with the New 2038 Notes, the “New Notes” and each series of New Notes, a “series of New Notes”) to be issued by the CCO Issuers in an aggregate principal amount not greater than $2,000,000,000 (the “New 2041 Notes Cap”), as described in the table below. For each $1,000 principal amount of Pool 2 Notes validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on August 5, 2026 and accepted by the CCO Issuers, the following table sets forth the yields, the total exchange consideration and the amount of cash component, as priced below:

Issuer(s)

Title of Security

Aggregate Principal Amount Outstanding

CUSIP No./ ISIN(1)

Acceptance Priority Level(2)

Sub-Cap(2)

Reference U.S. Treasury Security

Reference Yield(3)

Fixed Spread (Basis Points)

Exchange Offer Yield(4)

Early Exchange Premium(5)(6)

Total Exchange Consideration(6)

Cash
Component(7)

CCO Issuers

3.700% senior secured notes due 2051

$2,050,000,000

161175BV5 / US161175BV50

1

N/A

4.750% due February 15, 2056

5.187 %

+190 Bps

7.087 %

$50.00

$607.96

$0.00

3.900% senior secured notes due 2052

$2,400,000,000

161175CA0 / US161175CA05

2

N/A

4.750% due February 15, 2056

5.187 %

+195 Bps

7.137 %

$50.00

$620.63

$0.00

4.800% senior secured notes due 2050

$2,473,000,000

161175BT0 / US161175BT05

3

N/A

4.750% due February 15, 2056

5.187 %

+205 Bps

7.237 %

$50.00

$726.33

$117.50

5.125% senior secured notes due 2049

$1,244,000,000

161175BS2 / US161175BS22

4

N/A

5.000% due May 15, 2046

5.186 %

+220 Bps

7.386 %

$50.00

$752.01

$150.00

5.250% senior secured notes due 2053

$1,500,000,000

161175CK8 / US161175CK86

5

N/A

4.750% due February 15, 2056

5.187 %

+210 Bps

7.287 %

$50.00

$761.91

$190.00

____________________

(1)

No representation is made as to the correctness or accuracy of the CUSIP or ISIN numbers listed in the Offering Memorandum. Such CUSIP and ISIN numbers are provided solely for the convenience of the holders of Pool 2 Notes.

(2)

Subject to the New 2041 Notes Cap and proration, the principal amount of each series of Pool 2 Notes that is exchanged in the Pool 2 Offer will be determined in accordance with the applicable Acceptance Priority Level (in numerical priority order with 1 being the highest Acceptance Priority Level and 5 being the lowest) specified in this column.

(3)

Represents the yield to maturity based on the bid side price of the Reference U.S. Treasury Security specified on this table for each series of Old Notes, as calculated by the Joint Lead Dealer Managers at the Pricing Time.

(4)

Represents the sum of (i) the Reference Yield set forth in this table and (ii) the applicable Fixed Spread specified for each series of Pool 2 Notes set forth in this table.

(5)

Per $1,000 principal amount of the Pool 2 Notes validly tendered prior to or at the Early Tender Date (and not validly withdrawn at or prior to the Withdrawal Deadline) and accepted for exchange, to be paid in the form of New 2041 Notes.

(6)

Per $1,000 principal amount of the Pool 2 Notes validly tendered prior to or at the Early Tender Date (and not validly withdrawn at or prior to the Withdrawal Deadline) and accepted for exchange, which will be divided into (i) a cash payment equal to the applicable Cash Component and (ii) a principal amount of New 2041 Notes equal to the Total Exchange Consideration minus such Cash Component. The Total Exchange Consideration is inclusive of the Early Exchange Premium.

(7)

Represents the portion of the Total Exchange Consideration for the Pool 2 Notes that will be payable in cash per $1,000 principal amount of Pool 2 Notes validly tendered and accepted for exchange.

In addition, Eligible Holders (as defined below) whose Old Notes are validly tendered (not validly withdrawn) and accepted for exchange pursuant to the terms of the applicable Exchange Offers will receive in cash accrued and unpaid interest from the last applicable interest payment date to, but excluding, the date on which the exchange of such Old Notes is settled, less the amount of any pre-issuance interest on the New Notes exchanged therefor, and amounts due in lieu of fractional amounts of New Notes.

Based on the principal amount of Old Notes validly tendered and not validly withdrawn prior to 5:00 p.m., New York City time, on August 5, 2026 and in accordance with the terms of the Exchange Offers, the Old Notes Issuers expect to accept, on August 12, 2026, (i) all of the Pool 1 Notes at Acceptance Priority Levels 1 through 7 and (ii) all of the Pool 2 Notes at Acceptance Priority Levels 1 through 5.

The Exchange Offers described in this press release are being conducted upon the terms and subject to the conditions set forth in the offering memorandum, dated July 23, 2026 (as amended and/or supplemented from time to time, the “Offering Memorandum”).

Eligible Holders of Old Notes who validly tendered their Old Notes at or before 5:00 p.m., New York City time, on August 5, 2026 (the “Early Tender Date”), who did not validly withdraw their tenders and whose Old Notes are accepted for exchange, will receive an early exchange premium as set forth in the tables above (the “Early Exchange Premium”). The aggregate principal amount of 4.500% Notes tendered as of the Early Tender Date is equal to the 4.500% Notes Sub-Cap and as such no additional 4.500% Notes tendered after the Early Tender Date will be accepted.

The yield on the New 2038 Notes will be 7.087%, and the new issue price of the New 2038 Notes will be $1,000, which has been determined by reference to the bid-side yield on the 4.375% U.S. Treasury Notes due May 15, 2036, as of 10:00 a.m., New York City time, on August 6, 2026 (such date and time, the “Pricing Time”), which was 4.637%, plus 2.450%, rounded to the nearest 0.001%. The yield on the New 2041 Notes will be 7.337%, and the new issue price of the New 2041 Notes will be $1,000, which has been determined by reference to the bid-side yield on the 4.375% U.S. Treasury Notes due May 15, 2036, as of the Pricing Time, which was 4.637%, plus 2.700%, rounded to the nearest 0.001%.

The Exchange Offers will expire at 5:00 p.m., New York City time, on August 20, 2026, unless extended or earlier terminated by the Company (the “Expiration Date”). The withdrawal deadline for the Exchange Offers occurred at 5:00 p.m., New York City time, on August 5, 2026 (the “Withdrawal Deadline”). As a result, tenders of Old Notes submitted in the Exchange Offers after the Withdrawal Deadline will be irrevocable except in the limited circumstances where additional withdrawal rights are required by law (as determined by the Company).

The New Notes and related guarantees and the offering thereof have not been registered with the Securities and Exchange Commission (the “SEC”) under the Securities Act of 1933, as amended (the “Securities Act”), or any state or foreign securities laws. The New Notes and related guarantees may not be offered or sold in the United States or to any U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Exchange Offers are only being made, and the New Notes and related guarantees are only being offered and will only be issued to holders of Old Notes who are (1) reasonably believed to be “qualified institutional buyers” as defined in Rule 144A under the Securities Act (“Rule 144A”) or (2) outside the United States to persons other than “U.S. persons” as defined in Rule 902 under the Securities Act in offshore transactions in compliance with Regulation S under the Securities Act (“Regulation S”) (such holders, the “Eligible Holders”). Only Eligible Holders who have properly completed and returned the eligibility certification, which is available from the information agent, are authorized to receive and review the Offering Memorandum and to participate in the Exchange Offers. Additionally, in order to participate in the Exchange Offers, Eligible Holders located in Canada are required to complete, sign and submit to the information agent a Canadian Eligibility Form (which is available from the information agent). There is no separate letter of transmittal in connection with the Offering Memorandum.

Holders are advised to check with any bank, securities broker or other intermediary through which they hold Old Notes as to when such intermediary needs to receive instructions from a holder in order for that holder to be able to participate in, or (in the circumstances in which revocation is permitted) revoke their instruction to participate in the Exchange Offers before the deadlines specified herein and in the Offering Memorandum, eligibility certification and Canadian Eligibility Form. The deadlines set by each clearing system for the submission and withdrawal of exchange instructions will also be earlier than the relevant deadlines specified herein and in the Offering Memorandum, eligibility certification and Canadian Eligibility Form.

This press release is not an offer to sell or a solicitation of an offer to buy any of the securities described herein. The Exchange Offers are being made solely by the Offering Memorandum and only to such persons and in such jurisdictions as is permitted under applicable law.

Barclays Capital Inc., Citigroup Global Markets Inc. and Morgan Stanley & Co. LLC are serving as the joint lead dealer managers for the Exchange Offers, and BofA Securities, Inc., Deutsche Bank Securities Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are serving as the co-dealer managers for the Exchange Offers. Questions regarding the Exchange Offers may be directed to Barclays Capital Inc., Liability Management Group at (800) 438-3242 (toll free) or (212) 528-7581 (collect), Citigroup Global Markets Inc., Liability Management Group at (800) 558-3745  (toll free) or (212) 723-6106  (collect) or Morgan Stanley & Co. LLC, Liability Management Group at (800) 624-1808 (toll free) or (212) 761-1057 (collect).

D.F. King & Co., Inc. will act as the exchange agent and information agent for the Exchange Offers. Documents relating to the Exchange Offers will only be distributed to holders of Old Notes who certify that they are Eligible Holders. Questions or requests for assistance related to the Exchange Offers or for additional copies of the Offering Memorandum, eligibility certification or Canadian beneficial holder form may be directed to D.F. King & Co., Inc. at (888) 644-5854 (toll-free) or (646) 981-1289 (banks and brokers) or by email at charter@dfking.com. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Exchange Offers. The Offering Memorandum, eligibility certification and Canadian beneficial holder form can be accessed at the following link: www.dfking.com/charter.

About Charter

Charter Communications, Inc. (NASDAQ: CHTR) is a leading broadband connectivity company with services available to nearly 59 million homes and small to large businesses across 41 states through its Spectrum brand. Founded in 1993, Charter has evolved from providing cable TV to streaming, and from high-speed Internet to a converged broadband, WiFi and mobile experience. Over the Spectrum Fiber Broadband Network and supported by our 100% U.S.-based employees, the company offers Seamless Connectivity and Entertainment with Spectrum Internet®, Mobile, TV and Voice products.

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This press release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things, the Exchange Offers. Although we believe that our plans, intentions and expectations as reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions including, without limitation, the factors described under “Risk Factors” from time to time in Charter’s filings with the SEC. Many of the forward-looking statements contained in this press release may be identified by the use of forward-looking words such as “believe,” “future,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated,” “aim,” “on track,” “target,” “opportunity,” “tentative,” “positioning,” “designed,” “create,” “predict,” “project,” “initiatives,” “seek,” “would,” “could,” “continue,” “ongoing,” “upside,” “increases,” “grow,” “focused on” and “potential,” among others.

All forward-looking statements attributable to the Company or any person acting on our behalf are expressly qualified in their entirety by this cautionary statement. The Company is under no duty or obligation to update any of the forward-looking statements after the date of this press release. 

View original content to download multimedia:https://www.prnewswire.com/news-releases/charter-announces-pricing-terms-for-debt-exchange-offers-302845643.html

SOURCE Charter Communications, Inc.

Related Topics:
Continue Reading

Technology

Presence Announces Leadership Transition, Naming Jess Wang Chief Executive Officer and Kate Eberle Walker Executive Chair

Published

4 minutes ago

on

November 12, 2026

By

Wang brings proven leadership to accelerate Presence’s growth and technology innovation as schools face increasing need for trusted special education support

NEW YORK, Nov. 12, 2026 /PRNewswire/ — Presence, a leading provider of K–12 special education technology and teletherapy services, today announced Jess Wang has been appointed Chief Executive Officer, succeeding Kate Eberle Walker, who has transitioned to Executive Chair of the company’s Board of Directors. The transition marks the next chapter for Presence as the company builds on its national scale, strengthens its technology offerings, and expands its ability to help more schools meet the evolving needs of students with special needs.

Wang, who has served as Presence’s Chief Operating Officer since 2024, steps into the CEO role with deep knowledge of the business, strong relationships with customers and clinicians, and a proven track record of strengthening operational performance. Her appointment is a leadership transition designed to provide continuity, accelerate innovation, and position Presence for sustainable long-term growth.

The transition comes as schools face persistent staffing shortages, growing administrative demands, and increasing pressure to deliver effective special education services. More than ever, districts need trusted partners that combine experienced clinicians, purposeful technology, and dependable support.

Experienced Leadership for a Critical Moment in Special Education

Wang brings decades of experience spanning education, technology, and workforce development, with a proven track record of building and scaling national education organizations. She began her career as a public high school social studies teacher and Master Teacher, mentoring the next generation of educators. She later held senior leadership roles at education technology company 2U, Inc., where she built and led large, distributed teams, developed graduate programs for speech-language pathology, occupational therapy, and counseling professionals, and launched and scaled technology-enabled education services. Her experience driving enterprise-wide operational transformation, combined with her firsthand understanding of the classroom and the challenges of developing a qualified workforce, gives her a unique perspective on the evolving needs of schools, educators, and clinicians.

“Schools are being asked to do more than ever to support students with diverse learning needs, often with fewer resources,” Wang said. “They need partners they can trust, technology that solves real problems, and services they can depend on. Presence is uniquely positioned to deliver on those needs. We have an exceptional team, innovative technology, and a clear vision for making special education more connected, efficient, and effective. I’m excited to lead our next chapter with a focus on delivering for the schools, clinicians, and students who count on us.”

Building on a Strong Foundation of Growth and Innovation

Wang succeeds Walker following eight years of significant growth that transformed Presence into a national leader in special education technology and services. Under Walker’s leadership, the company expanded its reach, invested in technology innovation, and completed strategic acquisitions that broadened its capabilities and strengthened its position in the market.

Today, Presence partners with more than 11,000 schools across 47 states, supports a network of more than 2,000 licensed clinicians, and has delivered over 8 million remote evaluations and teletherapy sessions. Strategic milestones, including the acquisition of Global Teletherapy and Education Modified, have expanded Presence’s ability to deliver critical student services, streamline special education workflows, and give schools greater visibility into student supports.

“Leading Presence through eight years of growth and transformation has been one of the greatest privileges of my career,” Walker said. “I’m incredibly proud of the company we’ve built, the talented team behind it, and the millions of students we’ve helped support. We’ve established a strong foundation and tremendous momentum, and I couldn’t be more confident in Jess as the leader to take Presence forward.”

Walker will remain actively involved in supporting Presence’s long-term strategy and mission in partnership with Wang and the Board.

Accelerating Purposeful Technology Innovation and Customer Impact

Under Wang’s leadership, Presence will continue advancing its technology strategy while maintaining a strong focus on serving more students and schools.

Through its expanding technology offerings, Presence is helping schools reduce administrative burden, improve coordination, and gain greater visibility into student services. The company is also advancing responsible applications of artificial intelligence that support educator and clinician expertise while keeping qualified professionals at the center of student engagement.

Presence recently promoted Felipe Murillo to Chief Technology Officer, reinforcing its commitment to secure, scalable, and intelligent technology. Murillo oversees engineering, cybersecurity, and AI strategy as Presence builds a more integrated technology experience for schools and clinicians.

With an experienced leadership team, established customer partnerships, and continued support from investors including Spectrum Equity, TPG Rise Fund, and Bain Capital Double Impact, Presence is positioned to accelerate growth and help schools deliver more effective, connected special education services.

About Presence

Presence is a leading provider of teletherapy services and technology for K–12 schools. Since 2009, Presence has helped schools address students’ special education-related and mental health needs by connecting them with a nationwide network of licensed clinicians, award-winning technology, and end-to-end clinical support. Presence is helping schools, students, and clinicians succeed, wherever they are.

View original content to download multimedia:https://www.prnewswire.com/news-releases/presence-announces-leadership-transition-naming-jess-wang-chief-executive-officer-and-kate-eberle-walker-executive-chair-302937938.html

SOURCE Presence

Continue Reading

Technology

Hyundai Future Innovators Initiative Brings New STEM Opportunities to Orange County Students

Published

4 minutes ago

on

November 12, 2026

By

 

Hyundai and Orange County Schools Bright Futures Foundation Award $150,000 to 15 Public Schools in Orange County, California

 

FOUNTAIN VALLEY, Calif., Nov. 12, 2026 /PRNewswire/ — Hyundai Motor America, through its corporate social responsibility initiative Hyundai Hope, in partnership with Orange County Schools Bright Futures Foundation, announced the inaugural recipients of the Future Innovators Initiative by Hyundai, a new STEM education funding program designed to expand science, technology, engineering and math learning opportunities for students across Orange County, California.

Through the initiative, Hyundai and Orange County Schools Bright Futures Foundation are investing $150,000 in 15 Orange County public schools, with each selected school receiving a $10,000 grant to support hands-on STEM programs and projects that encourage problem-solving, critical thinking and innovation while helping prepare students for future educational and career opportunities.

“Orange County is home to our North American headquarters, and we’re proud to invest in the students and educators who are shaping the future of this community,” said Brandon Ramirez, director, corporate social responsibility, Hyundai Motor North America. “Through the Future Innovators Initiative, we’re helping schools create meaningful STEM experiences that can spark curiosity, build critical skills and introduce students to new possibilities for their futures.”

Hyundai celebrated the inaugural grant recipients during an event at its North American headquarters in Fountain Valley, bringing together educators, community partners and Hyundai representatives to recognize the selected schools and spotlight the innovative STEM projects the grants will help bring to life.

“Over the past several weeks, I’ve had the privilege of seeing firsthand the extraordinary innovation taking place across these 15 Orange County public schools,” said David Blair, executive director, Orange County Schools Bright Futures Foundation. “Orange County is home to incredible talent, and our students and educators have the potential to create generational change. Hyundai’s leadership and investment demonstrate what is possible when education, philanthropy, and community leadership come together. This is more than an investment in 15 schools. It is an investment in Orange County’s future and an example of what we can accomplish through strong community partnerships. The talent is here. Innovation is happening. Together, we can build on this momentum and make Orange County a model for educational excellence.”

The Future Innovators Initiative puts resources directly into the hands of local educators, helping bring innovative STEM projects from concept to classroom and giving students more opportunities for hands-on learning.

Investing in Orange County’s Future

The Future Innovators Initiative builds on Hyundai’s broader commitment to Orange County, home to the company’s North American headquarters. Through this investment, Hyundai is helping strengthen local schools while encouraging students to explore STEM pathways and future career possibilities.

“Across Orange County’s 28 school districts, our educators are doing extraordinary work to help students see what’s possible,” said Dr. Stefan Bean, Orange County Superintendent of Schools, Orange County Department of Education. “The Future Innovators Initiative by Hyundai reminds us how much more we can accomplish when businesses and community partners come alongside our schools. Through Hyundai’s investment and the Orange County Schools Bright Futures Foundation’s leadership, 15 public schools are gaining opportunities to bring innovative STEM learning to life. I’m grateful to everyone who is helping turn those classroom ideas into meaningful experiences for students. No one gets there alone, and when we come together to invest in our students, we build a brighter future for all of Orange County.”

The 15 inaugural grant recipients represent public schools across Orange County, with each receiving $10,000 to support innovative STEM programming.

Institution

City

Capistrano Valley High School

Mission Viejo

Crescent Elementary School

Anaheim

Cypress High School

Cypress

Edison High School

Huntington Beach

El Sol Science and Arts Academy

Santa Ana

Helen F. Stacey Intermediate School

Huntington Beach

John S. Malcom Elementary School

Laguna Niguel

Ladera Vista Junior High School of the Arts

Fullerton

NOVA Academy Early College High School

Santa Ana

Ocean View High School

Huntington Beach

Oxford Preparatory Academy, Saddleback Valley

Lake Forest

Saddleback High School

Santa Ana

Samueli Academy

Santa Ana

Thomas A. Edison Elementary School

Santa Ana

Wilson Elementary

Costa Mesa

Together, these projects will help foster curiosity, creativity and problem-solving while inspiring the next generation of innovators.

Hyundai Hope
Hyundai Hope is a corporate social responsibility initiative from Hyundai Motor North America, committed to the principle of Progress for Humanity and the goal of improving the wellbeing of society. Hyundai Hope dedicates time and supplies resources to nonprofit organizations that support the health and safety of individuals and foster positive growth in communities. For more information, visit www.HyundaiHope.com.

Hyundai Motor America

Hyundai Motor America offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles, while supporting Hyundai Motor Company’s Progress for Humanity vision. Hyundai has significant operations in the U.S., including its North American headquarters in California, the Hyundai Motor Manufacturing Alabama assembly plant, the all-new Hyundai Motor Group Metaplant America, several cutting-edge R&D facilities and more than 855 independent dealers. These operations are part of Hyundai Motor Group, which is investing $26 billion in the U.S. from 2025 to 2028. For more information, visit www.hyundainews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyundai-future-innovators-initiative-brings-new-stem-opportunities-to-orange-county-students-302938087.html

SOURCE Hyundai Motor America

Continue Reading

Technology

Elite’s Data Connect Honored By LegalTech Breakthrough With 2026 “Overall LegalTech Data Solution of the Year”

Published

4 minutes ago

on

November 12, 2026

By

Prestigious Annual Awards Program Recognizes Companies and Products Driving Innovation in the Global Legal Industry

NEW YORK, Nov. 12, 2026 /PRNewswire-PRWeb/ — Elite, the AI financial operations platform purpose-built for the world’s largest law firms, today announced Data Connect has been named “Overall LegalTech Data Solution of the Year” in the 7th annual LegalTech Breakthrough Awards program conducted by LegalTech Breakthrough, a leading independent market intelligence organization that evaluates and recognizes standout legal technology companies, products, and services around the globe.

“Data Connect offers firms a more deliberate and practical approach to improving how financial and operational data is accessed and used across their business, ensuring AI investments deliver real business value.” – Bryan Vaughn, Managing Director, LegalTech Breakthrough

Data Connect is a core part of Elite’s unified AI financial operations platform. It connects governed financial and operational data across 3E®, Elite Validate™, and eBillingHub®, giving firms one foundation to improve financial performance, power analytics and apply AI across their operations.

Data Connect makes financial and operational data usable in near real-time across firms. It delivers governed near real-time data from 3E®, Elite Validate™, and eBillingHub® directly into Microsoft Fabric alongside other firm systems, eliminating the need to build and maintain complex data pipelines. By making 3E data available inside the same environment as billing, CRM, and operational data, leakage becomes visible and stoppable. With governed 3E data live in Fabric, firms have visibility into profitability, staffing, and collections as work happens.

Built on Elite’s Data Fabric, Elite manages the infrastructure, security, and governance, delivering a continuously updated, trusted single source of truth across work in progress, billing progression, accounts receivable, and realization. Data Connect provides the necessary data around law firm financial concepts, including work in progress, realization, and matter-level profitability, so firms can apply their own calculations without first having to identify and map the underlying data.

The foundation also prepares firms for embedded and agentic AI capabilities in the future.

“AI and analytics investments across the legal industry are only as good as the data feeding them. Most firms have invested heavily in AI tools while their underlying financial data remains siloed, delayed, and unreliable. This is the problem Data Connect was built to solve. Pilot customers report cutting reporting time by 50% and eliminating multi-step manual processes for routine financial reporting,” said Mark Dorman, CEO, Elite. “We’re thrilled to accept ‘Overall LegalTech Data Solution of the Year’ from LegalTech Breakthrough. Data Connect gives firms the governed, continuously available data foundation they need to get more value from Elite’s unified AI financial operations platform.”

The mission of the annual LegalTech Breakthrough Awards program is to recognize the innovators transforming the global legal landscape with breakthrough technology. The program conducts a comprehensive analysis of the companies redefining how legal services are researched, drafted, managed, and delivered. From AI-driven research and drafting platforms and contract lifecycle management to eDiscovery, case and practice management, regulatory compliance, legal spend analytics, and access-to-justice solutions, these innovations are enabling legal organizations to work more efficiently, serve clients better and shape the future of the legal profession.

“Data Connect offers firms a more deliberate and practical approach to improving how financial and operational data is accessed and used across their business, ensuring AI investments deliver real business value. For years, firms have lived with financial and operational data trapped in fragmented systems, reassembled by hand every month. Most firms can’t see where revenue slips away, relying on lengthy manual investigations,” said Bryan Vaughn, Managing Director, LegalTech Breakthrough. “With Data Connect, 3E data becomes actionable in Fabric alongside CRM, HR, billing, and operational data, creating one unified dataset across the whole firm without the need to reconcile disconnected systems. The result is an AI-ready foundation, reduced reconciliation effort, and faster, more confident decision-making.”

About Elite

Elite is the trusted automation platform for law firm operations across the world’s largest and most successful law firms. Founded in 1947, Elite has guided firms through every technology shift and today delivers an AI-enabled SaaS platform that unifies financial, invoice, time, and data management into a single system of action. With embedded AI, predictive analytics, and integrated payments, Elite’s products enable firms to shorten billing cycles, reduce write-offs, and unlock firm-wide insights, making financial operations the foundation for law firm innovation and growth.

About LegalTech Breakthrough

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the LegalTech Breakthrough Awards program is devoted to honoring excellence in legal technologies, services, companies, and products. The LegalTech Breakthrough Awards program provides a forum for public recognition around the achievements of LegalTech companies and solutions in categories including Artificial Intelligence, Access to Justice, Case Management, Contract Management, Court Technology, Data and Analytics, eDiscovery, Legal Operations, Legal Research, Practice Management, RegTech, and more. For more information visit LegalTechBreakthrough.com

Tech Breakthrough LLC does not endorse any vendor, product, or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose[CS1] .

Elite®, 3E®, Validate® and eBillingHub® are registered trademarks of Elite.

[CS1]Add appropriate trademark attribution statements.

Media Contact

Elite PR, Elite, 1 800-354-8337, heath@ward6marketing.com, www.elite.com

View original content to download multimedia:https://www.prweb.com/releases/elites-data-connect-honored-by-legaltech-breakthrough-with-2026-overall-legaltech-data-solution-of-the-year-302937736.html

SOURCE Elite

Continue Reading

Trending