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Broadcom Inc. Announces Results and Upsize of Offers to Purchase for Cash Certain of its Outstanding Debt Securities

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PALO ALTO, Calif., June 17, 2026 /PRNewswire/ — Broadcom Inc. (NASDAQ: AVGO) (“Broadcom”) today announced the expiration and results of its previously announced cash tender offers (collectively, the “Offers”) to purchase any and all of its outstanding 4.926% Senior Notes due 2037; 4.900% Senior Notes due 2038; 5.050% Senior Notes due 2030; 5.200% Senior Notes due 2032; 5.150% Senior Notes due 2031 and 4.900% Senior Notes due 2032 (collectively, the “Notes”). 

Broadcom also announced that it is increasing the aggregate purchase price, excluding the Accrued Coupon Payment, from the previously announced amount of $2.5 billion to $3.0 billion (the “Consideration Cap Amount”). The increased Consideration Cap Amount is sufficient to enable Broadcom to purchase all of the 4.926% Senior Notes due 2037 and 4.900% Senior Notes due 2038, in each case, that were validly tendered prior to or at the Expiration Date, as well as all of the Notes of such Series that were tendered pursuant to the Guaranteed Delivery Procedures.

The Offers were made upon the terms and subject to the conditions set forth in the Offer to Purchase dated June 11, 2026 (the “Offer to Purchase”) and the accompanying notice of guaranteed delivery (the “Notice of Guaranteed Delivery”). Capitalized terms used but not defined in this press release have the meanings given to them in the Offer to Purchase.

The Offers expired at 5:00 p.m., New York City time, on June 17, 2026 (the “Expiration Date”). As the Withdrawal Deadline has passed, tendered Notes may no longer be validly withdrawn, except as required by applicable law. The Initial Settlement Date will be June 18, 2026. For the Holders using the Guaranteed Delivery Procedures, the Guaranteed Delivery Date will be 5:00 p.m., New York City time, on June 22, 2026. The Guaranteed Delivery Settlement Date will be June 23, 2026.

According to information provided by D.F. King & Co., Inc., the Tender and Information Agent in connection with the Offers, approximately $5.5 billion combined aggregate principal amount of Notes were validly tendered prior to or at the Expiration Date, of which approximately $2.9 billion aggregate principal amount of Notes have been accepted for purchase. In addition, as of the Expiration Date, approximately $35.0 million combined aggregate principal amount of 4.926% Senior Notes due 2037 and 4.900% Senior Notes due 2038 were tendered pursuant to the Guaranteed Delivery Procedures but remain subject to the Holders’ performance of the delivery requirements under such procedures. The table below provides certain information about the Offers as of the Expiration Date.

Series of
Notes

CUSIP/ISIN
Number (1)

Aggregate
Principal
Amount
Outstanding

Acceptance
Priority
Level

Total
Consideration (2)

Principal
Amount
Tendered (3)

Principal Amount
Accepted (3)

Principal
Amount
Reflected in
Notices of
Guaranteed
Delivery

4.926% Senior
Notes due
2037

144A: 11135FBV2 /
US11135FBV22
RegS:
U1109MBA3 /
USU1109MBA37

$2,500,000,000

1

$982.01

$1,843,836,000

$1,843,836,000

$17,241,000

4.900% Senior
Notes due
2038

11135FCX7 /
US11135FCX78

$1,750,000,000

2

$970.29

$1,050,537,000

$1,050,537,000

$17,749,000

5.050% Senior
Notes due
2030

11135FCF6 /
US11135FCF62

$800,000,000

3

$1,021.24

$571,143,000

$9,356,000

5.200% Senior
Notes due
2032

11135FCG4 /
US11135FCG46

$1,100,000,000

4

$1,023.23

$636,171,000

$17,620,000

5.150% Senior
Notes due
2031

11135FBY6 /
US11135FBY60

$1,500,000,000

5

$1,021.77

$761,332,000

$54,393,000

4.900% Senior
Notes due
2032

11135FCL3 /
US11135FCL31

$1,750,000,000

6

$1,003.73

$628,421,000

$10,998,000

______________________

(1)   No representation is made as to the correctness or accuracy of the CUSIP or ISIN numbers listed above.

(2)   Represents the total consideration for each Series of Notes (the “Total Consideration”) payable per each $1,000 principal amount of such Series of Notes validly tendered for purchase.

(3)   The amounts exclude the principal amounts of tendered Notes that remain subject to the Holder’s performance of the delivery requirements under the Guaranteed Delivery Procedures. 

Broadcom’s obligation to complete an Offer with respect to the Notes validly tendered is conditioned on the satisfaction or waiver of conditions described in the Offer to Purchase. For the Notes accepted for purchase, all conditions to the Offer with respect to such Notes were satisfied or waived on or prior to the Expiration Date. On the applicable Settlement Date, Holders whose Notes have been accepted for purchase will also receive an Accrued Coupon Payment. The Notes validly tendered but not accepted for purchase will be returned promptly to the tendering Holders in accordance with the Offer to Purchase.

Broadcom has retained Barclays Capital Inc. and Citigroup Global Markets Inc. to act as dealer managers (the “Dealer Managers”) for the Offers. D.F. King & Co., Inc. is acting as the Tender and Information Agent for the Offers. For additional information, please contact: Barclays Capital Inc. at +1 (800) 438-3242 (toll-free) or +1 (212) 528-7581 (collect); or Citigroup Global Markets Inc. at +1 (800) 558-3745 (toll-free) or +1 (212) 723-6106 (collect). Requests for documents and questions regarding the tendering of Notes may be directed to D.F. King & Co., Inc. by telephone at +1 (212) 257-2468 (for banks and brokers only) and +1 (800) 967-7635 (for all others toll-free), by email at avgo@dfking.com or to the Dealer Managers at their respective telephone numbers. Copies of the Offer to Purchase and the Notice of Guaranteed Delivery are available at: www.dfking.com/avgo. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers.

This press release is neither an offer to purchase nor a solicitation of an offer to sell the Notes or any other securities. The Offers were made only by and pursuant to the terms of the Offer to Purchase and only to such persons and in such jurisdictions as is permitted under applicable law. The information in this press release is qualified by reference to the Offer to Purchase.

Forward-Looking Statements

This press release contains forward-looking statements (within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended). These forward-looking statements are based on current expectations and beliefs of Broadcom’s management, current information available to Broadcom’s management, and current market trends and market conditions, and involve risks and uncertainties that may cause actual results to differ materially from those contained in the forward-looking statements. Accordingly, undue reliance should not be placed on such statements. All forward-looking statements are qualified in their entirety by reference to the risk factors discussed under the heading “Risk Factors” in Broadcom’s Annual Report on Form 10-K for the year ended November 2, 2025, Quarterly Reports on Form 10-Q for the periods ended February 1, 2026 and May 3, 2026, and any subsequent reports that are filed with the Securities and Exchange Commission and include some important risk factors that may affect future results. Broadcom undertakes no intent or obligation to publicly update or revise the forward-looking statements made in this press release, except as required by law.

About Broadcom

Broadcom Inc. (NASDAQ: AVGO) is a technology leader that designs, develops, and supplies semiconductors and infrastructure software for global organizations’ complex, mission-critical needs. Broadcom combines long-term R&D investment with superb execution to deliver the best technology, at scale. Broadcom is a Delaware corporation headquartered in Palo Alto, CA.

Contact

Ji Yoo
Investor Relations
investor.relations@broadcom.com
650-427-6000

(AVGO-Q)

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SOURCE Broadcom Inc.

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Hyundai Motor Group Accelerates Autonomous Driving Innovation with AI-Powered Data Flywheel

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Hyundai Motor Group hosts “HMG Autonomous Driving Media Day”, outlining its roadmap for the next era of autonomous driving; first showcase of Level 2++ technologyDual-Track strategy accelerates Level 2+ production through NVIDIA collaboration while internalizing key autonomous driving technologies through proprietary Atria AI
…NVIDIA solutions-based Level 2+ production targeted for the H1 2028 and Level 2++ in H2 2028, followed by Atria AI-powered Level 2++ vehicles in H2 2029
…Progressive sensor standardization across Hyundai Motor, Kia, 42dot and Motional brings together autonomous driving capabilities across the GroupData Flywheel strategy establishes a virtuous cycle of data collection, training, validation and deployment to continuously advance AI capabilities
…Expands the Group’s data ecosystem by leveraging its annual sales of 7 million vehicles and Data Union framework, while implementing a data-centric development framework based on hard example mining, continuous training and SER
…Real-world Level 4 pilot to launch in Gwangju by year-end in partnership with Korea’s Ministry of Land, Infrastructure and Transport to secure large-scale validation data42dot shares Vision-Language-Action (VLA)-based autonomous driving technology that integrates visual information and language-based reasoning to guide driving decisions
…VLA research focuses on addressing edge cases, while parallel development of end-to-end (E2E) autonomy and VLA models enhances technical stability and scalability
…VLA model validation currently underway, with on-road testing and the full development process scheduled to run through early next yearNew Atria AI urban driving videos — an executive ride-along, one-take footage, and edge-case handling — are live on the Group’s YouTube channel

SEOUL, South Korea, Sept. 12, 2026 /PRNewswire/ — Hyundai Motor Group (the Group) announced that it has put its Data Flywheel into full operation, marking a new phase in its autonomous driving technology strategy. The system creates a virtuous cycle of data collection, AI training, validation and deployment to secure a competitive advantage through accelerated learning and technology development.

During the Group’s “HMG Autonomous Driving Media Day” at 42dot headquarters in Gyeonggi Province, Korea, the Group presented its autonomous driving development strategy, technology roadmap, key achievements and implementation plans. The presentation underscored the Group’s strategic positioning in the global autonomous driving technology competition and detailed how integrated data and AI systems form the foundation for next-generation vehicle technology.

At the event, the Group identified the Data Flywheel as a key element of its autonomous driving competitiveness and shared the operational framework and execution strategy that transforms large-scale real-world driving data into continuous technology improvements.

42dot also introduced key technologies and the development progress for the Group’s proprietary autonomous driving artificial intelligence, Atria AI, while outlining the background and future plans for its Vision-Language-Action (VLA) technology development initiative.

In line with the event, the Group unveiled footage of an Atria AI-equipped SDV Testbed navigating complex urban traffic without driver intervention. Operating at a Level 2++ capability, the autonomous driving system showcased in the footage illustrates how the Data Flywheel is enabling a continuous cycle of learning, validation and performance improvement. The footage is available on the Group’s official YouTube channel.

“Autonomous driving competition is no longer about comparing specific features. Competitiveness is determined by how much data you secure, how quickly you learn and how effectively you can reflect those results in actual products and services. At its core, autonomous driving competitiveness comes down to having systems that enable continuous, rapid learning. Hyundai Motor Group will develop autonomous driving technology that customers can trust, based on a virtuous cycle of data, AI and validation. Our goal is to ensure the safety and quality levels customers can trust while we learn and improve rapidly.” – Minwoo Park, President and Head of Advanced Vehicle Platform (AVP) Division at Hyundai Motor Group and CEO of 42dot

About Hyundai Motor Group

More information about Hyundai Motor Group can be found at: http://www.hyundaimotorgroup.com or Newsroom: Media Hub by Hyundai, Kia Global Newsroom, Genesis Newsroom

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SOURCE Hyundai Motor Group

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Allstream Energy Partners Nominated in Multiple Categories for Fast Company’s Best Workplaces for Innovators

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Nomination Categories for Fast Company’s Best Workplaces for Innovators in AI & Automation, Advertising, Marketing & PR

HOUSTON, Sept. 12, 2026 /PRNewswire/ — Allstream Energy Partners has been nominated in multiple categories for Fast Company’s Best Workplaces for Innovators program, recognizing organizations redefining their industries through innovation, leadership, and emerging technologies.

The company received nominations in six categories:

Best Workplaces for Innovators North AmericaAI, Automation and Machine Learning ExcellenceAdvertising, Marketing and PRSmall & Mighty CompaniesInnovative Leader of the Year: Efrain Garcia, Founder and CEOInnovative Team of the Year

The nominations recognize Allstream’s investment in proprietary AI-driven marketing technologies, digital publishing solutions, and workflows designed to change how energy companies build visibility, authority, and customer engagement.

Where Oil and Gas Digital Marketing Meets Publishing

Allstream Energy Partners has developed an agency-plus-publisher model combining digital marketing, content creation, industry communications, media publishing, executive networking, and business development.

As artificial intelligence changes how buyers discover suppliers, manufacturers, engineering firms, service companies, and technology providers, Allstream helps clients position themselves to be recommended—not simply found.

Its integrated capabilities include AI marketing strategy, AI-optimized website development, SEO for Oil and Gas, Answer Engine Optimization, Generative Engine Optimization, AI search visibility, content marketing, industry publishing, public relations, social media, paid search, email marketing, event promotion, podcasting, branding, and digital advertising.

Innovation Built for Energy

Unlike a general marketing agency, Allstream was built specifically for oil and gas, energy, engineering, construction, manufacturing, and industrial markets. Each founder brings 27 years of experience supporting sales, business development, capital projects, technical services, industrial marketing, and digital strategy.

This experience gives Allstream an understanding of how technical buyers evaluate suppliers, how projects move through the market, and how engineering, procurement, operations, and executive teams consume information.

The company continues investing in proprietary methodologies that combine industry knowledge, journalism, publishing, AI optimization, communications, and business development strategy. As AI becomes an important starting point for supplier research and vendor discovery, Allstream helps organizations evolve beyond traditional SEO.

“Marketing has fundamentally changed,” said Efrain Garcia, Founder and CEO of Allstream Energy Partners. “Our team recognized early that AI would transform how buyers discover companies, evaluate expertise, and make purchasing decisions. These nominations reflect our commitment to innovation and our mission to help the energy industry succeed in an AI-first world.”

About Allstream Energy Partners

Allstream Energy Partners is a Houston-based, AI-powered marketing and media company serving the energy and industrial supply chain. Through SEO, GEO, AEO, AI-optimized websites, publishing, strategic communications, networking events, and business partnerships, Allstream helps Oil and Gas companies strengthen their brands, improve visibility across search engines and AI platforms, and generate qualified business opportunities.
Visit www.AllstreamEP.com

Media Contact:
Efrain Garcia
efrain@allstreamep.com
8324963004

Photo(s):
https://www.prlog.org/13170255

Press release distributed by PRLog

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Krelva Accepted Into the HBS Foundry Bootcamp at Harvard Business School

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Foster Britton spent four years learning to trade. Jerry Klamm grew a website to $100,000 a month in high school. Their bootstrapped, pre-launch company, Krelva, joins the new program in October and opens Krelva Meet, small live rooms where day traders trade the market together at their respective skill levels.

BUFFALO, N.Y., Sept. 12, 2026 /PRNewswire-PRWeb/ — Krelva, a bootstrapped, pre-launch Buffalo company built for futures day traders, has been accepted into the HBS Foundry Bootcamp at Harvard Business School, a new online program for founders working toward their first check. Foster Britton started trading in 10th grade, at 15, before settling on futures trading. Jerry Klamm, 19, built Geometry Spot at 16, grew it to more than 175 million pageviews and $100,000 a month in revenue before he finished high school, and left the University at Buffalo to run Krelva full time.

“Krelva Meet is the room I wish I had at 15.” Foster Britton, co-founder, Krelva

Krelva exists because of how hard Britton’s first four years were. Trading is highly complex, the internet is full of people teaching it, and most of what a beginner finds is confusing, contradictory, or sold by someone with something to sell. The question is never whether there is enough information. It is where to start and who to listen to.

“I started trading in 10th grade, in forex before anything else, and it took me four years to get it right,” Britton said. “It was not that the charts were hard. It was that there is so much online, most of it is confusing, and there is no way to know where to start or who to listen to.”

Today Krelva has two things. The first is a free beginner course that shows people where to start; it teaches the basics without promising anyone a payday. The second is Krelva Meet, which opens in October at $50 a month with a 14-day free trial: a new way to trade Nasdaq-100 and S&P 500 futures, not alone and not in a crowd of strangers, but in a small live room with people at your own verified level.

Krelva Meet started with a frustration anyone who has spent time in a trading Discord will recognize. People post their results, and some of those results are real. Screenshots are easy to fake, a few prop firms now issue verified payout cards, and none of it tells a beginner whether the person answering their question is actually where they say they are. So the beginner guesses, and the loudest voice usually wins.

Krelva Meet checks. Every trader has a level that Krelva verifies before they enter a room, and the company is building direct brokerage verification so the check happens automatically. Rooms are built from traders at the same level. Someone who has never passed a prop firm evaluation sits with others who have not either. Pass one, and you move up to rooms with traders who have passed. Get paid out, and you move up again. Alongside the rooms, Krelva is launching a rating: simple, earned over time, and moved by how you answer questions during the session rather than by what you claim. Rooms are not a signal service and tell no one what to buy or sell. They are about the process: reading the market before the open, talking it through with people at your level, and finding out afterward where and why you were right or wrong.

Krelva does not claim to make anyone a better trader faster. It is trying to give people a place to start.

“Krelva Meet is the room I wish I had at 15,” Britton said.

The HBS Foundry Bootcamp at Harvard Business School has drawn attention since its launch for its $699 price and its format, which from Krelva’s understanding pairs weekly live sessions with HBS faculty and guests with AI versions of those same professors, built to push back on weak ideas.

“I’m interested in this new program at Harvard Business School. I think using AI tools to learn is the future, but I’m curious to see how Harvard does it and if it actually works,” Klamm said. “I like that it says the AI professors are built to challenge weak ideas, so I’m going to push it to the limit and see how it performs compared to a real professor.”

The waitlist for Krelva Meet is open now at https://krelva.com.

“Most traders look at the chart at 9:30 every morning by themselves. There are thousands of other traders just like you,” Klamm said. “Why would you trade alone if you could trade with a group you trust? That is the whole idea.”

About Krelva

Krelva is a Buffalo, New York company built for futures day traders. Its free beginner course, built by co-founder Foster Britton, teaches the basics of trading. Its paid product, Krelva Meet, puts traders in small live rooms with other traders at the same verified level to trade Nasdaq-100 and S&P 500 futures together, for $50 a month with a 14-day free trial. Krelva was founded in 2026 by Jerry Klamm and Foster Britton. Learn more at https://krelva.com.

Media Contact

Jerry Klamm, Krelva, 1 716-261-7634, info@krelva.com, https://krelva.com/

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SOURCE Krelva

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