Technology

OUTFRONT Media Announces Pricing of Senior Unsecured Notes Offering

Published

3 hours ago

June 3, 2026

NEW YORK, June 3, 2026 /PRNewswire/ — OUTFRONT Media Inc. (NYSE: OUT) today announced that two of its wholly-owned subsidiaries priced a private offering of $500.0 million in aggregate principal amount of 6.000% Senior Notes due 2034 (the “notes”). The notes will be sold at an issue price of 100.0% of the principal amount. The offering is expected to close on June 12, 2026, subject to customary closing conditions.

OUTFRONT Media intends to use the net proceeds from the notes offering, along with borrowings under its accounts receivable securitization facility and cash on hand, to redeem all of its outstanding 5.000% Senior Notes due 2027 (the “2027 notes”) and to pay accrued and unpaid interest on the 2027 notes, if any, to, but excluding, the redemption date, and to pay fees and expenses in connection with the notes offering and the 2027 notes redemption.

The notes will be guaranteed on a senior unsecured basis by OUTFRONT Media Inc. and each of its direct and indirect subsidiaries that guarantees its senior credit facilities.

The notes were offered and will be sold in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons in transactions outside the United States pursuant to Regulation S under the Securities Act. The notes have not been, and will not be, registered under the Securities Act and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall there be any sale of the notes in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. This press release does not constitute a notice of redemption with respect to the 2027 notes.

Cautionary Statement Regarding Forward-Looking Statements
OUTFRONT Media Inc. (“we” or “our”) has made statements in this press release that are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. You can identify forward-looking statements by the use of forward-looking terminology such as “will,” “intends,” or “expects,” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. You can also identify forward-looking statements by discussions of strategy, plans or intentions related to our capital resources, portfolio performance and results of operations. Forward-looking statements involve numerous risks and uncertainties, and you should not rely on them as predictions of future events. Forward-looking statements depend on assumptions, data or methods that may be incorrect or imprecise and may not be able to be realized. We do not guarantee that the transactions and events described will happen as described (or that they will happen at all). The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward-looking statements: our ability to consummate the notes offering and the 2027 notes redemption; declines in advertising and general economic conditions; competition; government regulation; our ability to operate our digital display platform; losses and costs resulting from recalls and product liability, warranty and intellectual property claims; our ability to obtain and renew key municipal contracts on favorable terms; taxes, fees and registration requirements; decreased government compensation for the removal of lawful billboards; content-based restrictions on outdoor advertising; seasonal variations; acquisitions and other strategic transactions that we may pursue could have a negative effect on our results of operations; dependence on our management team and other key employees; experiencing a cybersecurity incident; changes in regulations and consumer concerns regarding privacy, information security and data, or any failure or perceived failure to comply with these regulations or our internal policies; asset impairment charges for our long-lived assets and goodwill; environmental, health and safety laws and regulations; expectations relating to environmental, social and governance considerations; our substantial indebtedness; restrictions in the agreements governing our indebtedness; incurrence of additional debt; interest rate risk exposure from our variable-rate indebtedness; our ability to generate cash to service our indebtedness; cash available for distributions; hedging transactions; the ability of our board of directors to cause us to issue additional shares of stock without common stockholder approval; certain provisions of Maryland law may limit the ability of a third party to acquire control of us; our rights and the rights of our stockholders to take action against our directors and officers are limited; our failure to remain qualified to be taxed as a real estate investment trust (“REIT”); REIT distribution requirements; availability of external sources of capital; we may face other tax liabilities even if we remain qualified to be taxed as a REIT; complying with REIT requirements may cause us to liquidate investments or forgo otherwise attractive investments or business opportunities; our ability to contribute certain contracts to a taxable REIT subsidiary (“TRS”); our planned use of TRSs may cause us to fail to remain qualified to be taxed as a REIT; REIT ownership limits; complying with REIT requirements may limit our ability to hedge effectively; the ability of our board of directors to revoke our REIT election at any time without stockholder approval; the Internal Revenue Service may deem the gains from sales of our outdoor advertising assets to be subject to a 100% prohibited transaction tax; establishing operating partnerships as part of our REIT structure; and other factors described in our filings with the Securities and Exchange Commission (the “SEC”), including but not limited to the section entitled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2025, filed with the SEC on February 26, 2026. All forward-looking statements in this press release apply as of the date of this press release or as of the date they were made and, except as required by applicable law, we disclaim any obligation to publicly update or revise any forward-looking statement to reflect changes in underlying assumptions or factors, of new information, data or methods, future events, or other changes.

About OUTFRONT Media Inc.
OUTFRONT is one of the largest and most trusted out-of-home media companies in the U.S., helping brands connect with audiences in the moments and environments that matter most. As OUTFRONT evolves, it’s defining a new era of in-real-life (IRL) marketing, turning public spaces into platforms for creativity, connection, and cultural relevance. With a nationwide footprint across billboards, digital displays, transit systems, and other out-of-home formats, OUTFRONT turns creative into powerful real-world experiences. Its in-house agency, OUTFRONT STUDIOS, and award-winning innovation team, XLabs, deliver standout storytelling, supported by advanced technology and data tools that can drive measurable impact.

Contacts:

Investors:

Media:

Stephan Bisson

Courtney Richards

(212) 297-6573

(646) 876-9404

stephan.bisson@outfront.com

courtney.richards@outfront.com

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SOURCE OUTFRONT Media Inc.

Technology

GEEKCO GRANTS STOCK OPTIONS AND RESTRICTED SHARE UNITS

Published

47 minutes ago

June 3, 2026

MONTRÉAL, June 3, 2026 /CNW/ – Geekco Technologies Corporation (the “Corporation” or “Geekco”) (TSXV: GKO) is pleased to announce the grants of an aggregate of 3,400,000 options to acquire as much class A shares of the Corporation at an exercise price of $0.08 each, of which 2,400,000 options are granted to certain of its directors and officers. Geekco also grants 2,400,000 restricted share units to acquire as much class A shares of the Corporation to certain of its directors and officers. All said options and restricted share units are valid for 10 years and subject to any applicable regulatory approvals, including the TSX Venture Exchange. Options are vesting in 25% increments per completed three-month period following their issue date. As to the restricted share units, they will all vest at the first anniversary from their issue date.

ABOUT GEEKCO

Geekco is at the forefront of innovative technology solutions that are reshaping modern marketing while driving economic activity across cities and neighborhoods by connecting consumers and businesses like never before. Its TellMe application allows users to discover nearby businesses in real time through an interactive map, access promotions and exclusive offers, and explore employment opportunities. For businesses, it provides a powerful platform to boost visibility, drive foot traffic, gather actionable data and measurable insights, and recruit future employees–all within a single, integrated application.

The TSX Venture Exchange and its regulation services provider (as defined in the policies of the TSX Venture Exchange) assume no responsibility for the adequacy or accuracy of this release.

SOURCE Geekco Technologies inc

Technology

Keycafe Expands Executive Leadership with Appointments of Rudi Airisto and Robert Johnston as Company Enters Next Phase of Global Growth

Published

47 minutes ago

June 3, 2026

VANCOUVER, BC, June 3, 2026 /CNW/ – Keycafe, a leader in cloud-based key management, today announced two senior additions to its executive team: Rudi Airisto as Vice President of Corporate Development, and Robert Johnston as Vice President of Innovation & Operations. The appointments mark a significant step in Keycafe’s next phase of growth, strengthening both the company’s commercial reach and its connected-hardware platform as it expands across European and Asia Pacific markets.

“These appointments reflect where Keycafe is headed,” said Clayton Brown, Founder & CEO of Keycafe. “Rudi and Rob bring complementary strengths, one focused on the partnerships and customer relationships that unlock new markets, the other on the product innovation and operational rigor required to scale connected hardware globally. Together, they give us the leadership depth to take Keycafe into its next chapter.”

Rudi Airisto, Vice President of Corporate Development

Airisto will oversee partnerships and strategic programs that support Keycafe’s expansion across enterprise and public sector customers. He joins with a strong record of scaling technology companies, having held executive roles at Recon Instruments (acquired by Intel), Grow Technologies (acquired by ATB Financial), and Article, following earlier management consulting work at McKinsey & Company. He holds degrees from the University of Cambridge and INSEAD.

“Keycafe has built the most advanced product in its space, trusted by global brands like Amazon, Toyota, Hertz, and Hilton Hotels,” said Airisto. “I’m excited to lead our corporate development efforts and help the company expand into new markets and large-scale partnerships.”

Robert Johnston, Vice President of Innovation & Operations

Johnston will lead product innovation, hardware development, manufacturing strategy, and operational initiatives across Keycafe’s global smart key management platform. He brings more than 20 years of experience bringing connected hardware products from concept to global scale. Prior to Keycafe, Johnston spent two decades as Founder and President of Tanagram Design, a Vancouver-based industrial design consultancy that helped startups and established companies develop award-winning products across consumer electronics, IoT devices, and connected systems, including early-stage work with Keycafe as a client.

“Keycafe sits at the intersection of hardware, cloud, and IoT, exactly where I’ve spent my career,” said Johnston. “The company has a strong technical foundation and real momentum with global customers. I’m looking forward to helping scale the platform and shape the next generation of our products.”

A Platform Built for Global Scale

Keycafe’s platform is deployed by businesses across property management, logistics, automotive, and facilities services, with growing customer bases in Europe and Asia Pacific. The combined appointments position the company to accelerate international expansion while continuing to advance its IoT hardware and cloud infrastructure.

About Keycafe Keycafe is a B2B access management platform helping businesses securely manage and share physical keys across teams and locations. Trusted by global brands including Amazon, Stellantis, Avis, and Marriott Hotels, the platform offers real-time access control, activity tracking, and API integrations through its cloud-based system and IoT electronic key locker SmartBoxes. Keycafe serves customers across North America, Europe, and Asia Pacific.

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SOURCE KeyCafe Inc.

Technology

Safe2core Expands AI-Optimized Subsurface Risk-Management & Construction Knowledge Strategy as AI Search Transforms the Construction Industry

Published

2 hours ago

June 3, 2026

New AI search visibility research reveals growing demand for utility locating, potholing, concrete scanning, BIM documentation, laser scanning, and underground infrastructure verification workflows

SAN JOSE, Calif., June 3, 2026 /PRNewswire/ — Safe2core announced today that the company is expanding its AI-search-optimized subsurface risk-management and construction education strategy as contractors, engineers, architects, facility managers, municipalities, and property owners increasingly use AI systems like Google AI Overviews, ChatGPT, Claude, Gemini, and Perplexity to research utility locating, concrete scanning, potholing, hydro excavation, BIM workflows, construction safety practices, and underground infrastructure coordination.

The company recently analyzed AI visibility trends, semantic retrieval behavior, and construction search patterns surrounding:

underground utility locating concrete scanningutility verificationpotholing and hydro excavationconcrete cutting and coringBIM and CAD utility documentationrebar scanning3D laser scanningdigital construction workflowsutility strike preventionSubsurface Utility Engineering (SUE)infrastructure risk managementoccupied-facility construction safety

According to Safe2core, the findings reinforce a major shift occurring across both search engines and AI-powered retrieval systems.

Rather than relying only on traditional search rankings, AI systems increasingly prioritize:

educational contentsemantic claritydirect-answer formattingretrieval-friendly documentationchunked information structureFAQs and explainersconsistent technical terminologymachine-readable educational formatting

What Is Subsurface Risk Management?

Subsurface risk management is the process of identifying, verifying, documenting, and safely navigating underground and embedded infrastructure before excavation, trenching, drilling, coring, demolition, or concrete cutting begins.

Subsurface risk management may involve:

utility locatingconcrete scanningpotholinghydro excavationutility verificationdigital utility mappingBIM coordinationconstruction documentation workflows

According to Safe2core, modern construction risk management increasingly depends on three core principles:

visibilityverificationdocumentation

The company says integrated workflows are becoming increasingly important as projects grow more complex and involve multiple contractors, utilities, infrastructure systems, and occupied facilities.

What Is Utility Potholing?

Utility potholing is a non-destructive excavation process used to safely expose underground utilities before excavation, trenching, drilling, or construction begins.

Potholing and hydro excavation are commonly used to:

verify utility depthreduce utility strike riskimprove excavation safetysupport Subsurface Utility Engineering (SUE) workflowsminimize damage to existing infrastructureimprove coordination between contractors and utility owners

According to industry safety research, underground utility strikes can lead to:

costly project delaysinfrastructure damageenvironmental hazardsutility outagesscheduling conflictsexpensive change ordersserious worker safety risks

What Is Concrete Scanning?

Concrete scanning uses ground penetrating radar (GPR) and related non-destructive technologies to identify embedded objects before cutting, coring, drilling, trenching, anchoring, or demolition begins.

Ground penetrating radar (GPR) can help identify:

rebarconduitspost-tension cablesembedded utilitieselectrical linesvoids and anomalies

Concrete scanning helps contractors and facility owners:

reduce structural damageimprove worker safetyprevent utility strikesminimize project downtimereduce costly change ordersavoid unnecessary exploratory demolition

Frequently Asked Questions

Can GPR detect rebar and conduits?

Yes. Ground penetrating radar (GPR) can help identify:

rebarconduitspost-tension cablesembedded utilitiesvoids

before cutting or drilling concrete.

Why do contractors use potholing?

Contractors use potholing and hydro excavation to safely verify underground utility locations before excavation begins.

Why is utility verification important?

Utility verification helps reduce utility strike risk, improve safety, minimize project delays, and improve underground infrastructure coordination.

According to the company’s AI visibility analysis, some of the real-world prompts increasingly being asked across AI systems include:

“utility locator companies near me””gpr concrete scanning services””concrete slab scanning””rebar scanning services””what is potholing in construction?””laser scanning companies””pipe inspection companies””ground penetrating radar survey costs””Can you recommend the top underground utility locating companies in my area?””What are the latest innovations in hydro excavation and vacuum truck technology?””Who offers integrated scan, locate, expose, and cut services?””How do contractors avoid utility strikes before excavation?”

The reports also identified rapidly growing interest surrounding:

BIM-ready utility documentationCAD and DWG utility mappingdigital twin workflows3D laser scanningutility verification processespost-tension slab safetyoccupied-facility renovationshospital and airport infrastructure projectsdata center construction supportunderground infrastructure coordinationdigital construction documentationutility strike prevention strategies

Safe2core says construction search behavior is evolving rapidly as AI-powered search systems become increasingly integrated into contractor research, infrastructure planning, facility management, and project coordination workflows.

The company says hospitals, airports, campuses, manufacturing facilities, municipalities, occupied buildings, and data centers increasingly require higher levels of subsurface visibility, documentation quality, coordination, and infrastructure verification before construction begins.

“As construction projects become more complex, contractors and owners are searching for more than basic locating services,” the company stated. “They’re looking for guidance on risk reduction, utility verification, documentation quality, coordination workflows, and how to avoid costly mistakes before cutting, coring, drilling, excavation, or demolition begins.”

Safe2core says future educational initiatives will continue focusing on its integrated:

Locate → Verify → Expose → Execute

workflow for complex commercial, industrial, infrastructure, and occupied-facility projects.

The company also plans continued expansion of:

AI-friendly educational resourcesretrieval-ready technical explainersdigital utility documentation examplesBIM and CAD workflow contentutility strike prevention guidanceconstruction risk-management resourcesfacility-renovation safety contentindustry-specific guidance for hospitals, airports, campuses, manufacturing facilities, municipalities, and data centers

Safe2core believes educational clarity, semantic consistency, documentation quality, and integrated risk-management workflows will become increasingly important as AI-powered search and retrieval systems continue transforming how construction information is discovered online.

For more information, visit Safe2core.com.

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SOURCE Safe2Core Inc