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Nabors Prices $550 Million Senior Guaranteed Notes Offering

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HAMILTON, Bermuda, July 17, 2024 /PRNewswire/ — Nabors Industries Ltd. (NYSE: NBR) (“Nabors”) today announced that Nabors Industries, Inc. (“NII”), its indirect wholly-owned subsidiary, has priced $550 million in aggregate principal amount of senior guaranteed notes due 2031 (the “Notes”) in the offering it announced earlier today. The Notes will bear interest at an annual rate of 8.875% and are being offered to investors at an initial price of 100% of par. The Notes will be fully and unconditionally guaranteed by Nabors and each of the subsidiaries, other than NII, that guarantee Nabors’ 7.50% senior guaranteed notes due 2028. The sale of the Notes to the initial purchasers is expected to close on July 22, 2024, subject to customary closing conditions, and is expected to result in approximately $540.7 million in net proceeds to Nabors after deducting offering commissions and other expenses payable by Nabors.

The Notes will be senior unsecured obligations of NII and will rank pari passu in right of payment with all of NII’s existing and future senior obligations, including Nabors’ 7.50% senior guaranteed notes due 2028. The guarantees of the Notes will be senior unsecured obligations of the guarantors and will rank pari passu in right of payment with all of the guarantors’ existing and future senior obligations, including the guarantors’ guarantee of the 7.50% senior guaranteed notes due 2028. The Notes will mature on August 15, 2031.

Nabors intends to use the net proceeds from this offering, along with cash on hand, to redeem all of its 7.25% senior guaranteed notes due 2026. Any excess proceeds will be used for general corporate purposes, including, potentially, repayment of other outstanding indebtedness. 

The Notes will be offered and sold to persons reasonably believed to be qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to persons outside the United States in accordance with Regulation S under the Securities Act and applicable exemptions from registration, prospectus or like requirements under the laws and regulations of the relevant jurisdictions outside the United States. The Notes will not be registered under the Securities Act and may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state securities laws. The Notes will also not be registered in any jurisdiction outside of the United States and no action or steps will be taken to permit the offer of the Notes in any such jurisdiction where any registration or other action or steps would be required to permit an offer of the Notes.

The Notes will not be offered or sold in any such jurisdiction except pursuant to an exemption from, or in a transaction not subject to, the relevant requirements of laws and regulations of such jurisdictions.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other securities of Nabors or its subsidiaries, nor shall there be any offer, solicitation or sale of the Notes in any state or jurisdiction in which such offer, solicitation or sale would be unlawful.

The information above includes forward-looking statements within the meaning of the Securities Act and the Securities Exchange Act of 1934, as amended. Such forward-looking statements are subject to certain risks and uncertainties, as disclosed by Nabors from time to time in its filings with the Securities and Exchange Commission. As a result of these factors, Nabors’ actual results may differ materially from those indicated or implied by such forward-looking statements. Nabors does not undertake to update these forward-looking statements.

About Nabors Industries

Nabors Industries is a leading provider of advanced technology for the energy industry. With presence in more than 20 countries, Nabors has established a global network of people, technology and equipment to deploy solutions that deliver safe, efficient and responsible energy production. By leveraging its core competencies, particularly in drilling, engineering, automation, data science and manufacturing, Nabors aims to innovate the future of energy and enable the transition to a lower-carbon world. Learn more about Nabors and its energy technology leadership: www.nabors.com.

Media Contacts:

For further information regarding Nabors, please contact William C. Conroy, CFA, Vice President of Corporate Development & Investor Relations, +1 281-775-2423 or via e-mail william.conroy@nabors.com, or Kara Peak, Director of Corporate Development & Investor Relations, +1 281-775- 4954 or via e-mail kara.peak@nabors.com. To request investor materials, contact Nabors’ corporate headquarters in Hamilton, Bermuda at +441-292-1510 or via e-mail mark.andrews@nabors.com.

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Stoneridge to Participate in the Stephens Annual Investment Conference

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NOVI, Mich., Nov. 11, 2026 /PRNewswire/ — Stoneridge, Inc. (NYSE: SRI) today announced that the company will participate in the Stephens Annual Investment Conference, to be held November 17-19, 2026, at The Grand Hyatt in Nashville, Tennessee. Scott Humphrey, Chief Financial Officer, and Mike Swartz, Investor Relations, will host one-on-one meetings with investors attending the conference.

Investors who would like to schedule a meeting with Stoneridge can do so by contacting their Stephens representative. Those who are not attending the conference and would like to schedule a call should contact Mike Swartz at Mike.Swartz@stoneridge.com.

About Stoneridge, Inc.
Stoneridge, Inc., headquartered in Novi, Michigan, is a global supplier of safe and efficient electronic systems and technologies. Our systems and products power vehicle intelligence, while enabling safety and security for on- and off-highway transportation sectors around the world. Additional information about Stoneridge can be found at www.stoneridge.com.

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SOURCE Stoneridge, Inc.

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Aura Reports Third Quarter 2026 Results, Highlights Sustained Business Momentum and Transformative Platform Innovation

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Q3 revenue grew 24% YoY to $87.9 million, corresponding to Q3 ARR of $355.0 million, also a 24% increase year over year.Generated positive Adjusted FCF of $12.4 million, a $15.5 million improvement year over year.Reaffirming full-year 2026 outlook for 20%+ ARR growth and positive Adjusted Free Cash Flow from Transaction Close through year-end.Introduced Solstice, an in-house AI engine built to protect families, and the new Aura running on it.

BOSTON, Nov. 11, 2026 /PRNewswire/ — Aura Consolidated Group, Inc. ARBN 695 488 843 (ASX: AXQ) (“Aura” or “the Company”), a global leader in online safety and wellbeing, today announced its financial results for the third quarter of 2026, the first quarter since completing the acquisition of Qoria on July 17, 2026 (“Transaction Close”).

On a pro forma basis, Aura exited the quarter with $355.0 million in annual recurring revenue (“ARR”), up 24% year over year, and generated positive Adjusted FCF of $12.4 million, a $15.5 million improvement year over year. The Company reaffirmed its full-year 2026 guidance of 20%+ ARR growth and positive Adjusted Free Cash Flow from Transaction Close to year-end.

Reflecting on the achievements in Q3’26, Aura’s Founder and CEO, Hari Ravichandran, said:

 “This quarter, we laid the foundation for our expanded long-term vision for Aura while delivering sustained revenue growth and positive free cash flow. At the same time, we are accelerating our pace of innovation, and earlier this week introduced Solstice, our in-house AI engine, along with an updated Aura experience, the first product built on that foundation.

“For decades, consumer security has pushed the hard work back onto the user. We’re reimagining protection from the ground up with Solstice and will unlock what no consumer security product has had: a deep understanding of the family, and the ability to help take action when the family asks.”

Aura’s Chief Financial Officer, Brian DeCenzo, added, “As generative AI fuels more frequent and sophisticated scams and new risks to children online, more families, schools, and employers are turning to Aura as their trusted source of protection. We are translating broad-based customer growth and strong product uptake into robust, sustainable revenue growth. That momentum, paired with our ongoing focus on operational efficiency, leaves us well positioned to deliver on both our 20%+ ARR growth and positive free cash flow targets this year, while building toward our medium-term financial objectives.”

Continued innovation

Introduced Solstice, an in-house AI engine built to protect families. Solstice will serve as the foundation under every Aura product, and it has five parts: data collectors, a household knowledge graph, a machine learning stack, a proprietary foundation model, and an action plane. The result: deep understanding of the family, and the means to take action when the family asks.Unveiled a new Aura experience, built on Solstice. The new Aura replaces alerts and to-do lists with a cohesive safety system that works for the family. Specialized AI agents monitor the household’s digital activity, decide what matters, and take action when directed. The new Aura is available in limited beta, with broader availability expected in early 2027.Launched Trusted Family Access, a consent-based offering that helps families protect aging parents and adult loved ones from scams and fraud.Data removal coverage surpassed 500 data brokers, a major milestone for privacy protection.Recognition for Aura Parents as one of TIME’s Best Inventions of 2026.

Cost reductions

Aura is executing ahead of plan on the $55 million cost-out program outlined in February 2026, with year-to-date and planned Q4 actions representing approximately $66 million in total savings. This includes $42 million in annualized direct and operating cost savings, driven by organizational realignment that significantly reduced the Company’s fixed cost base. Direct-to-Consumer (“D2C”) marketing spend is expected to decline $24 million in 2026 compared with 2025, while continuing to support investment in efficient growth.

Q3’26 pro forma financial highlights

Aura’s acquisition of Qoria became effective on July 17, 2026. As such, Q3’26 unaudited statutory financials reflect Aura’s full-quarter results, together with Qoria’s post-close results from July 17, 2026 through September 30, 2026. To provide a more representative view of the combined group’s performance and facilitate period-over-period comparability, this release and the related materials focus on unaudited pro forma results, combining Aura and Qoria for the full duration of each period presented. All dollar amounts are reported in U.S. currency unless otherwise noted.

Q3 revenue was $87.9 million, an increase of 24% year over year.ARR[1] was $355.0 million, an increase of 24% year over year.Adjusted FCF was $12.4 million, up $15.5 million year over year. From Transaction Close to September 30, consistent with Aura’s guidance framework, Adjusted FCF was $13.7 million.[2]Adjusted EBITDA of negative $14.9 million reflects a 45% year-over-year improvement.As of September 30, 2026, net debt was $2.6 million, a $7.3 million improvement since Transaction Close.

Q3’26 business highlights

Completed the Qoria acquisition and began integrating the two businesses, uniting protection across home, school, and work.Demonstrated strength across channels:D2C: Grew subscribers 13% year over year to 1.1 million and drove an 11% increase in ARPU alongside an 18% reduction in marketing spend.Enterprise: Reached approximately 2,300 employers, up 31% year over year, and approximately 7,000 K-12 districts, up 5%, with net revenue retention of 103%.

Capital markets update

Aura continuously evaluates strategic opportunities to optimize its business. As part of that ongoing assessment, management is evaluating a potential dual listing on a U.S. stock exchange alongside its ASX listing. While the Company remains secure in its capital position, management believes a dual listing could support its objective of maximizing long-term shareholder value through an expanded investor base and improved trading liquidity. Any potential dual listing remains subject to approval by Aura’s Board of Directors and the completion of required regulatory and other processes.

Investor conference call

A conference call will be held today as follows:

November 12, 2026 10:30am AEDT | November 11, 2026 6:30pm ESTLink to register: https://events.q4inc.com/attendee/159132282

This conference call and related materials will be publicly available and can be accessed at investors.aura.com. A replay will also be made available after the call.

The release of this announcement was authorized by the Aura Board of Directors.

About Aura

Aura (ASX: AXQ) is a global leader in online safety and wellbeing. Built on the belief that people deserve a trusted, always-on layer of protection, Aura’s AI-powered platform delivers protection for individuals, families, and enterprises—from proactive protection against identity theft, financial fraud, and online threats to tools that help schools and parents protect children from cyberbullying, harmful content, and threats to their wellbeing.

Aura’s platform spans the environments that matter most—home, school, and work—empowering people of all ages with end-to-end protection for every aspect of online life. Learn more at aura.com.

Forward-looking statements

This announcement and the accompanying presentation and conference call include certain statements that constitute “forward-looking statements” and “forward-looking information” regarding possible or assumed future performance or potential growth of the Company, which involve substantial risks and uncertainties.

In some cases, you can identify forward-looking statements by the words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “objective,” “ongoing,” “plan,” “predict,” “project,” “potential,” “should,” “will,” or “would” and/or the negative of these terms, or other comparable terminology intended to identify statements about the future.

They appear in a number of places throughout this release and the related materials and include statements regarding management’s intentions, beliefs, or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies, the industry in which the Company operates, and other information that is not historical information.

These statements involve known and unknown risks, uncertainties, and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. Although management of the Company believes that it has a reasonable basis for the forward-looking statements, the Company cannot assure you that the Company will achieve or realize these plans, intentions, or expectations.

Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Except as required by applicable regulations or by law, the Company does not undertake to publicly update or review any forward-looking statements, whether as a result of new information or future events. See section 7.3 of the Qoria Scheme Booklet from May 2026 for further information.

Non-GAAP financial information

This announcement and the accompanying presentation and conference call contain pro forma information and certain measures of financial performance not determined in accordance with U.S. generally accepted accounting principles (“GAAP”), such as Adjusted EBITDA and Adjusted Free Cash Flow (the “non-GAAP financial measures”).

The non-GAAP financial measures are used by Company management to evaluate financial performance of, and determine resource allocation for, the Company’s operations. Items excluded from each of the non-GAAP financial measures are significant components in understanding and assessing financial performance.

The non-GAAP financial measures should not be considered in isolation, or as alternatives to, or substitutes for, pro forma loss from operations, loss before income taxes, or any other measure calculated in accordance with GAAP as indicators of financial performance or liquidity, and should be considered together with the Company’s GAAP financial measures.

Because the non-GAAP financial measures are not measurements determined in accordance with GAAP and are thus susceptible to varying definitions, the non-GAAP financial measures as presented may not be comparable to other similarly titled measures of other companies. Please refer to the earnings presentation for additional information.

Pro forma Adjusted EBITDA GAAP to non-GAAP reconciliation

Adjusted EBITDA is defined as net income (loss), adjusted to exclude interest, taxes, depreciation and amortization, IPO readiness costs, acquisition-related costs, stock-based compensation, mark-to-market gains/losses, and foreign currency exchange gains/losses.

Three months ended September 30,

 in US$M

2025

2026

Loss before income taxes

(40.5)

(66.3)

     Interest expense, net

1.6

1.8

     Depreciation and amortization

4.8

6.5

EBITDA

(34.1)

(58.0)

     IPO readiness costs

0.6

–

     Acquisition-related costs

0.5

29.8

     Mark-to-market gain/loss

(1.0)

6.3

     Stock-based compensation expense

5.2

5.1

     Foreign currency exchange loss

1.5

1.9

Adjusted EBITDA

(27.3)

(14.9)

Pro forma Adjusted FCF GAAP to non-GAAP reconciliation

Adjusted Free Cash Flow (“FCF”) is defined as operating cash flow less capital expenditures (including capitalized software development), excluding IPO readiness and acquisition-related costs paid in cash during the period.

Prior disclosures defined Adjusted FCF using accrual-based adjustments for IPO readiness and acquisition-related expenses. Please refer to the earnings presentation for additional information.

Three months ended September 30,

 in US$M

2025

2026

Net cash used in operations

3.2

(10.0)

     Capital expenditures

(6.5)

(3.9)

     Cash IPO readiness and acquisition-related costs

0.2

26.3

Adjusted FCF

(3.1)

12.4

Key operating metrics

The Company monitors several key operational and business metrics to measure performance, identify trends, prepare financial forecasts, and make strategic decisions. Operating metrics are derived from internal company systems and have not been audited or reviewed by the Company’s independent auditor. Due to the recency of the Transaction Close, certain operational data from legacy Qoria business lines have not yet been fully integrated into Aura’s systems and may be revised as integration progresses and methodologies are further aligned. Please refer to the earnings presentation for additional information on Aura’s key operating metrics.

ARPU: Average revenue per user (“ARPU”) is defined as total revenue attributable to the service period, including upsells and net of refunds, from all D2C subscribers active during a given period, divided by the total number of active D2C subscribers at the close of that same period, and expressed as a monthly figure.

ARR: Annualized recurring revenue (“ARR”) reflects annualized recurring GAAP revenue recognized in the final month of a given period. 

D2C subscriber: An active, paid subscription acquired through a D2C channel, as of period end.

Employer: A company accessed via the Employee Benefits channel that offers Aura as a workplace benefit.

Enterprise NRR: Defined as revenue attributable to a fixed cohort of K-12 districts and employers identified as active one year prior to the end of the measurement period, measured in the final quarter of the measurement period, divided by revenue attributable to those same K-12 districts and employers measured in the final quarter of the prior-year period. 

K-12 district: Defined as an administrative unit that manages and operates one or more primary or secondary schools serving kindergarten through 12th grade (“K–12”) within a specific geographic area, that is under an active contract to receive Aura’s student safety solutions.

1 Q3’26 ARR was updated following the Company’s Appendix 4C filing (previously reported as $357.4 million) to reflect updated reporting received from a partner post-quarter end and identified during the auditor’s review, which resulted in the reclassification of approximately $200,000 of September revenue from recurring to non-recurring.

2 Adjusted FCF reflects a revised definition compared to prior disclosures. Please refer to the “Forward-looking statements,” “Non-GAAP financial information,” and “Pro forma Adjusted FCF GAAP to non-GAAP reconciliation” sections of this release for additional information about Adjusted FCF.

CATEGORY: Financial News

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SOURCE Aura

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Reality Television Icon Audrina Patridge Launches New Podcast “Say More”

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Reality television icon Audrina Patridge launches ‘Say More’ November 12, a weekly audio and video podcast produced by Network One Digital, with advertising sales led by Amplitude Media Partners.

LOS ANGELES, Nov. 11, 2026 /PRNewswire-PRWeb/ — Reality television icon and author Audrina Patridge is returning to podcasting with Say More with Audrina Patridge, a new weekly series that brings celebrity friends, experts and other compelling guests together for honest conversations that go beyond the surface. The show premieres November 12 in both audio and video formats, with its official trailer available now. The launch also marks the beginning of two key partnerships—with Network One Digital (NOD) and Amplitude Media Partners (AMP)—designed to support the show’s growth and long-term success.

“I’ve spent so much of my life in front of the camera, but I feel like there’s still so much to learn, so many stories to share, and so many conversations worth having. That’s really what inspired Say More.” – Audrina Patridge

From dating, desire and relationships to motherhood, mental health and starting over, Say More will explore the subjects people discuss in their group chats, over brunch and with the friends who know them best. Guided by Patridge’s natural curiosity, sense of humor and life experience, each episode will use personal stories and unexpected questions to examine what people are really thinking, feeling and experiencing.

The podcast marks Patridge’s return to the medium after previously co-hosting Was It Real? The Hills Rewatch, which revisited the landmark MTV reality series that first introduced her to audiences. While her previous show looked back at The Hills, Say More gives Patridge an opportunity to explore the questions, relationships and life transitions shaping who she—and her audience—is today.

“I’ve spent so much of my life in front of the camera, but I feel like there’s still so much to learn, so many stories to share, and so many conversations worth having,” said Audrina Patridge. “That’s really what inspired Say More. I wanted to create a space where we can be ourselves, have real, honest conversations, laugh, learn from each other, and talk about everything from relationships and motherhood to personal growth and all the ups and downs of life. I’m in a different chapter of my life now, and I’m excited to explore new things, ask questions, and hopefully inspire others along the way. Shane and Travis at Network One Digital really understood what I wanted to create from the beginning, and they’ve been amazing partners in bringing this vision to life. I’m so excited for everyone to be a part of it!”

Patridge rose to prominence as one of the original stars of MTV’s The Hills, the influential reality series that chronicled the personal and professional lives of a group of young adults in Los Angeles. She later returned for The Hills: New Beginnings, competed on Dancing with the Stars, hosted NBC’s travel and lifestyle series 1st Look and starred in her own VH1 reality series, Audrina. Her additional credits include film roles in Sorority Row and Into the Blue 2: The Reef.

In 2022, Patridge released her memoir, Choices: To the Hills and Back Again, sharing her perspective on navigating fame, relationships, motherhood and life in the public eye. Those experiences will help inform the thoughtful, personal and occasionally provocative conversations at the heart of Say More.

Alongside conversations with celebrity guests and subject-matter experts, Patridge will connect each topic to the everyday realities of love, family, friendship, confidence and change. Episodes may move from relationship red flags and personal reinvention to listener questions and stories guests have never previously shared publicly. The show will also leave room for astrology, spirituality and subjects that may not have simple explanations—but remain irresistible to discuss.

Network One Digital (NOD) will oversee production of the series, creating a polished audio and video experience while helping Patridge translate her distinctive voice and perspective into a multiplatform show.

“Audrina Patridge has built an enduring connection with audiences who have followed her journey for nearly two decades,” said Shane Carmichael, CEO and Co-Founder of Network One Digital. “What makes this partnership particularly exciting is the opportunity to introduce audiences to a new dimension of her personality while building a platform that reflects who she is today. Audrina brings an authenticity, relatability, and cultural relevance that are increasingly valuable in today’s media landscape.”

Travis Holden, Co-Founder of Network One Digital, added “Audrina brings a rare combination of experience, instinct, and an effortless on-screen presence that makes her a natural fit for this format. What excites us most is her willingness to take creative risks, embrace new ideas, and push beyond what audiences might expect. She’s been an incredible collaborator throughout the development process, and we’re excited to see this next chapter take shape.”

Amplitude Media Partners (AMP) has been retained to lead advertising sales for Say More, developing brand partnerships across the podcast’s audio and video distribution.

“Audrina has built an enduring relationship with an audience that has followed her through several different stages of life,” said Marques Pfaff, Managing Partner at Amplitude Media Partners. “Say More creates an opportunity for that audience to reconnect with her in a format that’s honest and highly personal, while also introducing a different side of Audrina to new viewers and listeners. AMP is beyond excited to support the launch and connect the show with advertisers that recognize the value of that authentic relationship.”

Full video episodes of Say More with Audrina Patridge will be available on YouTube and Spotify Video. Audio episodes will be distributed through Apple Podcasts, Spotify and all other major podcast platforms.

The official trailer is available now, with the first full episode premiering November 12. New episodes will be released weekly.

ABOUT SAY MORE WITH AUDRINA PATRIDGE

Say More with Audrina Patridge is a weekly podcast for curious minds hosted by television personality and author Audrina Patridge. Through candid conversations with celebrity friends, experts and fascinating guests, Patridge explores dating, relationships, motherhood, mental health, beauty, fashion, confidence, reinvention and life after reality television. Honest, warm, funny and occasionally provocative, Say More goes beyond the surface to uncover the stories and experiences behind the subjects everyone is already discussing.

ABOUT AUDRINA PATRIDGE

Audrina Patridge is a television personality, author and podcast host who rose to prominence as one of the original stars of MTV’s The Hills. She later appeared in The Hills: New Beginnings, competed on Dancing with the Stars, hosted NBC’s 1st Look and starred in the VH1 reality series Audrina. Patridge is also the author of the memoir Choices: To the Hills and Back Again and previously co-hosted Was It Real? The Hills Rewatch.

ABOUT NETWORK ONE DIGITAL

Network One Digital is a podcast production agency specializing in high-quality audio and video storytelling. Through creative development, production and strategic support, NOD works with creators, brands and organizations to build polished, engaging content designed to reach audiences across platforms.

ABOUT AMPLITUDE MEDIA PARTNERS

Amplitude Media Partners (AMP) provides revenue-generating solutions for independent creators through direct sales, programmatic access and operational support. AMP works with podcasters, video creators and networks to develop advertising partnerships, optimize revenue opportunities and support the continued growth of their content.

MEDIA CONTACT:

Marques Pfaff

marques@amplitudemediapartners.com

(608) 385-9108

Media Contact

Marques Pfaff, Amplitude Media Partners (AMP), 1 6083859108, marques@amplitudemediapartners.com, amplitudemediapartners.com 

Shane Carmichael, Network One Digital, shane@networkonedigital.com

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