NEW YORK, Aug. 3, 2026 /PRNewswire/ — Global law firm Greenberg Traurig, LLP advised Cartesian Growth Corporation II, a special purpose acquisition company, on the signing of a definitive business combination agreement with InoBat AS (InoBat), a European battery energy storage systems and battery technology company.

The proposed transaction is expected to close in late 2026, subject to customary closing conditions including shareholder approval. There is no minimum cash condition. Following the closing, InoBat is expected to trade on Nasdaq under the ticker symbol “INBT.”

The transaction values InoBat at $1.265 billion, on a pre-money, pre-merger basis, including earn-out consideration tied to the achievement of strategic and financial milestones. The transaction also includes $77.5 million in private investment in public equity committed by institutional investors and InoBat’s current shareholders, according to the press release.

InoBat is positioning its platform to support the rapidly growing power demand from artificial intelligence infrastructure and hyperscale data centers. The company has contracted or delivered 875 megawatt-hour of utility-scale battery energy storage systems across Europe and serves industrial and utility customers through its BESSMONT platform.

The Greenberg Traurig team was led by Alan I. Annex, firm vice chair and global Corporate Practice senior chair, Corporate Shareholders Adam S. Namoury and Thomas R. Martin, and Corporate Associate Ricardo Crispim Leite.

Greenberg Traurig also advised Cartesian Growth Corporation III on its business combination with Factorial Inc., which closed earlier this year.

About Greenberg Traurig: Greenberg Traurig, LLP has approximately 3,200 lawyers across 51 locations in the United States, Europe, the Middle East, Latin America, and Asia. The firm’s broad geographic and practice range enables the delivery of innovative and strategic legal services across borders and industries. Recognized as a 2025 BTI “Best of the Best Recommended Law Firm” by general counsel for trust and relationship management, Greenberg Traurig is consistently ranked among the top firms on the Am Law Global 100, NLJ 500, and Law360 400. Greenberg Traurig is also known for its philanthropic giving, culture, innovation, and pro bono work. Web: www.gtlaw.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/greenberg-traurig-advises-cartesian-growth-corporation-ii-on-1-2b-go-public-merger-with-inobat-302841715.html

SOURCE Greenberg Traurig, LLP

Factory-integrated upgrades deliver more output, deeper bass and trail-ready performance.

TEMPE, Ariz., Aug. 3, 2026 /PRNewswire/ — Rockford Fosgate (www.rockfordfosgate.com), the industry leader in high-performance audio systems, announces three purpose-built audio solutions for select Polaris® RZR and Sportsman vehicles: the RZR Phantom Rear Door Speaker Upgrade, the 2026 RZR PRO-R / PRO-R Boost Subwoofer Kit, and the Polaris Sportsman Front Rack Audio System. Each product combines vehicle-specific integration, straightforward installation and rugged construction to deliver powerful sound without compromising factory fit, function or storage.

RZR Phantom Rear Door Speaker Upgrade

Designed for select RZR PRO-R, PRO-S and PRO-XP Stage-4 four-passenger Ultimate models, the rear door upgrade adds two 6.5-inch Element Ready™ speakers in custom OEM door panels. The system adds 200 watts of output, with extended voice coils that deliver clear highs, deeper bass and a more dynamic listening experience. Integrated door handles and grilles match the existing Rockford Fosgate audio ecosystem, while factory mounting locations support quick installation and a clean, cohesive interior. Co-engineered with Polaris, the system is Ride Command Ready for vehicle-specific, noise-free integration with zero setup.

2026 RZR PRO-R / PRO-R Boost Subwoofer Kit

Purpose-built for 2-seat and 4-seat 2026 RZR PRO-R and PRO-R Boost models, the new subwoofer kit centers on a 10-inch, 400-watt subwoofer powered by a dedicated channel on the new 1,500-watt, 8-channel amplifier. Vehicle-optimized mounting brackets provide precise factory-grade fitment, and an included 12-volt relocation kit supports installation in 2-seat models. The compact, one-piece roto-molded enclosure preserves cabin space and ergonomics while adding deep, hard-hitting bass across the entire audio system.

Polaris Sportsman Front Rack Audio System

Engineered for select Polaris Sportsman models, the all-in-one front rack system combines two 100-watt, 8-inch Element Ready™ coaxial speakers with a 150-watt, 2-channel Bluetooth® amplifier. The ultra-high-excursion speakers deliver punchy bass in a lightweight, durable package, while Bluetooth connectivity gives riders direct control from a smartphone. All components are housed in a single roto-molded enclosure that mounts securely to the OEM front storage rack and opens to maintain full access to the existing storage area. Plug-and-play installation and factory-matched styling complete the integrated design.

All three systems are engineered for demanding off-road environments. Element Ready™ construction helps protect critical components from water, salt and UV exposure, while rugged enclosures and vehicle-specific hardware are designed to withstand vibration, heat, mud and rough terrain. The result is premium, factory-fit audio performance built for wherever the trail leads.

For more information, please visit rockfordfosgate.com

About Rockford Fosgate

Setting the standard for excellence in the audio industry, Rockford Corporation markets high-performance audio systems under the brand Rockford Fosgate® for the mobile, motorcycle, motorsport, and marine audio aftermarket and OEM market. Headquartered in Tempe, Ariz., Rockford Corporation is a wholly owned subsidiary of Patrick Industries, Inc. (NASDAQ: PATK).

View original content to download multimedia:https://www.prnewswire.com/news-releases/rockford-fosgate-expands-polaris-audio-lineup-with-new-rzr-and-sportsman-systems-302841733.html

SOURCE Rockford Fosgate

HONG KONG, Aug. 4, 2026 /PRNewswire/ — Hangzhou SF Intra-city Industrial Co., Ltd. (“SF Intra-city” or the “Group”; Stock Code: 9699.HK), the largest third-party on-demand delivery service provider in China, is pleased to announce that the Group expects for the six months ended 30 June 2026 (the “Period”): (i) the profit attributable to owners of the Company for the Period is expected to be not less than RMB301 million, representing an increase of not less than 120% as compared with the corresponding period of last year;(ii) the adjusted net profit[1] for the Period is expected to be not less than RMB240 million, representing an increase of not less than 50% as compared with the corresponding period of last year; and(iii) the revenue of the Group for the Period is expected to be not less than RMB11,669 million, representing an increase of not less than 14% as compared with the corresponding period of last year.

The steady growth in the Group’s performance as mentioned above was mainly attributable to: (i) the Group has remained committed to its operating objective of achieving healthy and high-quality development, with both order volume and revenue continuing to grow; (ii) leveraging its positioning as an independent and open third-party platform, together with high-quality and reliable full-scenario fulfilment services, the Group has continued to earn the long-term trust of its customers and deepen its diversified and positive cooperation with customers, driving resilient growth in its business operations; (iii) benefiting from further enhancement of economies of scale, optimisation of resource input strategies, refined rider network operations and the application of AI technologies to improve coordination and efficiency across the value chain from front-end customer acquisition to network operations and back-end resource input, the Group achieved an improvement in gross profit margin, which in turn contributed to profit growth; and (iv) the Group’s core business maintained healthy growth momentum, and the Group’s investment-related income for the Period is also expected to rise.

In the first half of 2026, leveraging its neutral and open service positioning and full-scenario fulfilment capabilities, SF Intra-city catered to diverse demands covering food delivery, on-demand retail, intra-city errand services and terminal logistics, consolidating the Group’s growth foundation. Multiple consumption peaks overlapped in the period, including the 618 Shopping Festival, FIFA World Cup and Dragon Boat Festival. Demand for home shopping, event viewing, cultural tourism and festival gifts surged across all scenarios. During major promotion cycles, the average daily orders of SF Intra-city rose by 20% year-on-year during the 618 shopping promotion period; Exclusive Delivery orders on Dragon Boat Festival surged more than 120% year-on-year, personal delivery orders at major cultural tourism destinations multiplied, and fresh produce orders also climbed substantially. Meanwhile, the Group continued to expand all-round partnerships with live-stream e-commerce platforms, chain brands and private-domain merchants, expanding client coverage via a dual layout of public and private domain channels and achieving diversified upgrading of customer cooperation. It also deepened resource collaboration with SF Holding to provide partner brands with integrated supply chain solutions covering “warehousing + transshipment + intra-city delivery” and assisted the upgrading of traditional logistics systems with its terminal delivery capabilities.

While multi-channel operations maintained positive momentum in the first half of the year, SF Intra-city steadily consolidated its delivery capacity foundation and drove operational efficiency gains via digital and intelligent upgrades. Continued expansion of its footprint in lower-tier markets lifted network-wide order density, driving continuous improvements in average delivery mileage and per-order fulfilment costs. During the period, AI intelligent dispatching achieved full coverage, while unmanned delivery was rolled out at a faster pace, lifting the platform’s overall operational efficiency. The implementation of unmanned delivery technologies and expansion of applicable scenarios moved forward in an orderly fashion, continuously strengthening the Group’s underlying digital and intelligent technology capabilities. The Group’s order volume continued to grow in the first half of the year, enabling full release of economies of scale.

The medium- and long-term outlook for the on-demand delivery industry remains upbeat. Industry data indicates that China’s domestic on-demand retail market size will exceed RMB 1 trillion in 2026. Total order volumes are set to maintain rapid growth, and the “everything delivered to home” trend boasts broad long-term growth potential. As a leading independent third-party on-demand delivery service provider in China, SF Intra-city will continue to capture the dividends of full-scenario fulfilment for local life services, further expand intra-city delivery scenarios, deepen last-mile logistics synergies within the Group, and steadily advance the implementation of digital, intelligent and unmanned delivery technologies. The business is poised to sustain a pattern of high-quality growth.

About Hangzhou SF Intra-city Industrial Co., Ltd. (Stock code: 9699.HK)

SF Intra-city focuses on the emerging opportunities of intra-city on-demand delivery services. Since 2019, SF Intra-city has operated as an independent legal entity to capture the growth opportunities arising from new consumption trends. SF Intra-city adopts a multi-scenario business model, providing full coverage of delivery scenarios for all types of products and services. The Company’s extensive service coverage, ranging from mature scenarios such as food delivery to growth scenarios such as local retail, local e-commerce and local services, has enabled it to respond to evolving customer needs resulting from the development and upgrading of the local consumer market. For more details, please visit the Company’s website: https://ir.sf-cityrush.com/en/investor-relations/

View original content:https://www.prnewswire.com/apac/news-releases/neutral-position-drives-high-quality-growth-across-all-scenarios-sf-intra-city-9699hk-releases-positive-profit-alert-for-first-half-2026-302841748.html

SOURCE SF Intra-city