LOS ANGELES, Aug. 28, 2026 /PRNewswire/ — BRC Group Holdings, Inc. (Nasdaq: RILY) (“BRC” or the “Company”) today announced that it has called for the full redemption equal to $142,137,375 aggregate principal amount of its 6.50% Senior Notes due 2026 (the “Notes”) on September 29, 2026 (the “Redemption Date”).

The redemption price is equal to 100% of the aggregate principal amount, plus any accrued and unpaid interest from the most recent Interest Payment Date and up to, but excluding, the Redemption Date, as set forth in each notice of redemption delivered to noteholders on August 28, 2026.

Interest on the Notes will cease to accrue on and after the Redemption Date. The Notes, which are listed on NASDAQ under the ticker symbol “RILYN,” will be delisted and cease trading on the Redemption Date.

Investors in the Notes should contact the bank or broker through which they hold a beneficial interest in the Notes for information about the Redemption Payment.

This press release is for informational purposes only and shall not constitute a notice of redemption of the Notes or an offer to purchase, or a solicitation of an offer to sell, any Notes or other securities.

About BRC Group Holdings, Inc.
BRC Group Holdings, Inc. (Nasdaq: RILY) is a diversified holding company, including financial services, communications, and retail, and investments in equity, debt and venture capital. Our core financial services platform provides small cap and middle market companies customized end-to-end solutions at every stage of the enterprise life cycle. Our banking business offers comprehensive services in capital markets, sales, trading, research, merchant banking, M&A, and restructuring. Our wealth management business offers wealth management and financial planning services including brokerage, investment management, insurance, and tax preparation. Our communications businesses provide consumer and business services including traditional, mobile and cloud phone, internet and data, security, and email. Our retail businesses provide mobile computing accessories and home furnishings. BRCGH deploys its capital inside and outside its core financial services platform to generate shareholder value through opportunistic investments. For more information, please visit www.brcgh.com.

Forward-Looking Statements
Statements made in this press release that are not descriptions of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company’s intention and ability to redeem the full $142,137,375 aggregate principal amount of its 6.50% Senior Notes due 2026, the expected Redemption Date of September 29, 2026, and the expected payment of the redemption price along with accrued and unpaid interest. These statements are based on management’s current expectations and assumptions and are subject to risks and uncertainties, many beyond the Company’s control, that could cause the Company’s performance and actual results to differ materially. Such risks include, but are not limited to: macroeconomic conditions, including interest rate fluctuations and inflation; unanticipated operational or financial challenges that could impact the execution of the redemption; volatility in the financial markets and general economic conditions; and other risks and uncertainties detailed from time to time in the Company’s periodic reports filed with the Securities and Exchange Commission (SEC), including, without limitation, the risks described in the Company’s 2025 Annual Report on Form 10-K, its Quarterly Report on Form 10-Q for the quarter ended March 31, 2026, and its Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. Forward-looking statements speak only as of the date of this press release, and the Company undertakes no obligation to update them, except as required by law.

Contacts

Investors
Mike Frank
mfrank@brcgh.com

Media
Jo Anne McCusker
press@brcgh.com

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SOURCE BRC Group Holdings, Inc.

Atlanta Business Chronicle recognizes Geotab’s employee-first culture and workplace excellence

ATLANTA, Aug. 28, 2026 /CNW/ — Geotab® Inc., a global leader in connected  operations, video telematics  and AI-powered insights, has been named one of Atlanta’s Best Places to Work by the Atlanta Business Chronicle. This recognition celebrates Geotab’s dedication to fostering an inclusive, engaging workplace where employees thrive, grow, and make an impact.

The Atlanta Business Chronicle’s Best Places to Work program celebrates employers across the Atlanta region that provide an outstanding workplace culture. Company rankings are based on employee surveys conducted by Quantum Workplace to measure performance in factors such as team dynamics, trust in leadership and communication.

“This award belongs to our employees,” said Neil Cawse, Founder and CEO of Geotab. “They live our core values–innovation, collaboration, and integrity–every single day. Their commitment to transparency, to doing the right thing, and to supporting one another is what builds our culture and drives success.”

The award underscores Geotab’s commitments to its employees:

Employee Learning & Professional Development — Investment in training, AI upskilling, mentorship, and career advancement opportunities.

Inclusive & Collaborative — Building a workplace where every voice is heard and valued.

Focus on Employee Well-being — Supporting employee wellness through comprehensive health and financial benefits, virtual care and healthcare rewards program* and unique workation.

Innovation Culture — Geotab employees make a positive impact in their work, helping build a safer, efficient and more sustainable world.

Geotab’s Strategic Investment in Atlanta’s Research and Innovation Ecosystem

As part of its commitment to Atlanta, Geotab is actively fueling research and innovation in the region through significant collaborations with Georgia Institute of Technology (Georgia Tech) and The Ray. Geotab invested over $220,000 to fund doctoral research at Georgia Tech, embedding PhD students directly within Geotab teams to tackle real-world challenges in traffic pattern analysis and urban freight and mobility using advanced data and AI.

Altitude by Geotab collaborates with The Ray, a nonprofit testbed for net-zero transportation, to accelerate the decarbonization of the transportation sector. The collaboration addresses critical challenges faced by transportation agencies as they plan for the widespread adoption of electric vehicles (EVs), particularly for medium and heavy-duty commercial fleets.

Geotab is proud to be part of Atlanta’s vibrant business ecosystem, recently collaborating with Atlanta Tech Week.

Geotab’s Atlanta office continues to expand with talented professionals across product, operations and customer-facing roles. To explore career opportunities at Geotab, visit: careers.geotab.com.

*benefit applies to U.S.-based employees as eligible.

About Geotab

Geotab is a global leader in connected operations, video telematics and AI-powered insights. Trusted by more than 100,000 customers — from small and mid-size fleets to Fortune 500 enterprises and public-sector organizations, including the U.S. federal government — Geotab connects approximately 6 million vehicles and assets and processes 100 billion data points daily. With ISO/IEC 27001:2022, SOC2, FIPS 140-3 and FedRAMP authorizations, Geotab’s open platform and partner ecosystem unify safety, compliance and operations in a unified system. Our mission: a safer, more efficient and more sustainable world in motion.

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SOURCE Geotab Inc.

U.S. production line sized for rate manufacturing of advanced thermal hardware and sensors.

WASHINGTON, Aug. 28, 2026 /PRNewswire/ — Lyntris, Inc. (NYSE: LYNX), a defense technology company delivering sense-to-act connectivity solutions for the modern connected battlespace, today announced it has completed a multi-year investment to add phase change material (“PCM”) capability at its Jessup, Maryland facility. The investment positions Lyntris as a vertically-integrated source for passive thermal management in seeker, sensor, and mission electronics applications, with production capacity available in Q3 2026.

Each new generation of defense electronics demands greater performance out of ever smaller form factors. Radars are expected to see farther with increased sensitivity and advanced seekers need to detect, track and destroy targets in highly contested environments.  All of that sensor capability generates heat that has to go somewhere. As density and power levels increase, cooling is often a limiting factor in sensor performance.

The usual answer is active liquid cooling, which works well on a ship or a ground vehicle with room to spare, but is not practical inside small, attritable sensors and seekers. Pumps, tubing, and reservoirs take up the volume, add weight, and introduce parts that can fail.

Phase change material heat sinks solve the problem differently. They work like a thermal battery: an engineered material inside the heat sink melts as the electronics heat up, absorbing energy. The electronics stay within their limits for the length of the mission, with no pumps and no plumbing. For missions measured in minutes, this solution allows recovery of the space, weight, and reliability an active cooling loop would have consumed.

These solutions support missile and sensor platforms entering high-rate production, where requirements can reach thousands of units, so a cooling approach that works on a prototype bench is worth little if it cannot be built the same way thousands of times. Lyntris sized the new manufacturing line anticipating that reality.

The line runs the full sequence in one, vertically-integrated facility, built for rate production rather than prototype quantities and includes precision machining of the heat sink structure, vacuum brazing, controlled PCM filling, thermal performance testing, and final assembly. These steps are typically split across multiple vendors, where each handoff adds qualification and schedule risk.

“Next-generation defense systems are being asked to deliver substantially more capability from increasingly compact platforms, and thermal management is often one of the limiting factors,” said Matt Parisi, VP of Business Development at Lyntris. “Our investment in phase change material technology allows us to solve that challenge with a passive, highly efficient thermal solution that can be engineered and manufactured at scale. This is another example of Lyntris investing in differentiated technologies that address immediate customer needs and enable critical warfighter missions.”

Lyntris expects to apply the capability first to seeker and sensor programs, and is in discussions with defense prime contractors and program offices on additional applications.

About Lyntris

Lyntris is a defense technology company delivering sense-to-act connectivity solutions for the modern, connected battlespace. Combining differentiated hardware, software and mission expertise, Lyntris helps customers detect threats earlier, decide faster and act with precision in contested, multi-domain environments.

Forward-Looking Statements

This press release contains “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. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “expect,” “believe,” “anticipate,” “may,” “could,” “intend,” “plan,” “estimate,” “target,” “predict,” “project,” “will,” “should,” “forecast,” “outlook” or similar expressions, or by discussion of strategies, plans or intentions.

Forward-looking statements in this press release include, but are not limited to, statements regarding: the timing, availability and capacity of Lyntris’ phase change material manufacturing line; the anticipated performance, qualification and applications of Lyntris’ phase change thermal hardware; the ability of phase change materials to solve challenges in next-generation defense systems expected production volumes and manufacturing timelines; the outcome and timing of ongoing discussions with defense prime contractors and program offices; anticipated customer demand for passive thermal management technologies; and the potential for expanded business opportunities.

These statements are based on current expectations, estimates, assumptions and projections of Lyntris’ management and are neither predictions nor guarantees of future events, circumstances or performance. Forward-looking statements are inherently subject to known and unknown risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed or implied by such statements. Important factors that could cause actual results to differ materially from those discussed in the forward-looking statements include, without limitation: Lyntris’ investment in phase change material manufacturing capability may not result in customer orders, program awards or revenue in any particular amount or timeframe; ongoing customer discussions may not result in contracts; Lyntris’ dependence on U.S. government defense budgets and appropriations; risks associated with performance on fixed-price or cost-type government contracts; the competitive environment for thermal management and precision manufacturing technologies; the ability to qualify new manufacturing processes to customer and program requirements; supply chain disruptions or constraints on specialized materials and components; Lyntris’ ability to scale production to meet customer demand; our ability to protect and enforce proprietary technology and intellectual property rights; the inherent uncertainties in complex defense programs, including potential schedule delays, technical challenges or cost overruns; changes in applicable laws, regulations or government procurement policies; and other factors described under “Risk Factors” in Lyntris’ filings with the Securities and Exchange Commission, including its registration statement on Form S-1, as amended, copies of which are available free of charge at the SEC’s website at www.sec.gov under Lyntris Inc.

The forward-looking statements included in this announcement are only made as of the date of this announcement. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We may not actually achieve the plans, intentions or expectations disclosed in our forward-looking statements and you should not place undue reliance on our forward-looking statements. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by any applicable law.

Nothing in this press release, including use or display of third parties’ trademarks, service marks, trade name or products, should be construed as an approval, endorsement, guarantee or sponsorship by any third parties of Lyntris, Inc., its products, business or financial performance or any aspect of this press release.

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SOURCE Lyntris