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FTX Announces Fifth Distribution of Approximately $900 Million to Creditors on July 31, 2026

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2 months ago

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Preferred Shareholder Remission Fund Trust to Issue Second Payment 
to Eligible Preferred Equity Holders on July 31, 2026

WILMINGTON, Del., July 17, 2026 /PRNewswire/ — FTX Trading Ltd. (d/b/a. FTX.com) and the FTX Recovery Trust (collectively “FTX”) today announced that, consistent with FTX’s Chapter 11 Plan of Reorganization (the “Plan”), FTX will commence distributions on July 31, 2026 to holders of allowed claims in the Plan’s Convenience and Non-Convenience Classes that have completed the pre-distribution requirements by the Record Date of June 16, 2026 (the “Fifth Distribution”). Eligible creditors should expect to receive funds from their selected distribution service provider (a “Distribution Service Provider”), either BitGo, Kraken or Payoneer, within 1 to 3 business days from July 31, 2026. Subsequent record and payment dates will be announced in due course. Additionally, FTX today announced that, consistent with the Plan and Preferred Shareholder Agreement (D.I. 25932), a Second Payment is to be made to eligible Preferred Equity Holders on July 31, 2026 (the “Second Preferred Payment”).

In the Fifth Distribution, in accordance with the waterfall priorities set forth in the Plan:1

Allowed Class 5A Dotcom Customer Entitlement Claims will receive an incremental 9% distribution (105% cumulative distribution to date);Allowed Class 5B U.S. Customer Entitlement Claims will receive a 5% distribution (105% cumulative distribution to date);Allowed Classes 6A General Unsecured Claims and 6B Digital Asset Loan Claims will each receive a 3% distribution (103% cumulative distribution to date); andAllowed Class 7 Convenience Claims will receive a cumulative 120% distribution.

Customers should be aware that by onboarding with a Distribution Service Provider, they have irrevocably elected to forego their right to receive cash distributions from FTX and have instead directed FTX to pay, directly to such Distribution Service Provider, any distributions to which they otherwise would be entitled to under the Plan. If customers have any questions related to the availability of the funds in their account with their selected Distribution Service Provider, they should contact customer support at their Distribution Service Provider directly.

To be eligible to receive a distribution on subsequent distribution dates, customers and other creditors must complete the following prior to their distribution record date:

Login to the FTX Customer Portal (https://claims.ftx.com) (applicable to customers).Complete required Know Your Customer (“KYC”) verification.Submit the required tax forms.Onboard with either BitGo, Kraken or Payoneer, FTX’s Distribution Service Providers. FTX will provide instructions for onboarding with each of the Distribution Service Providers on the existing FTX Customer Portal.

For transferred claims, distributions will only be made to the transferee holder of an allowed claim that is processed and reflected on the official register of claims maintained by the Notice and Claims Agent as of future record dates, where the 21-day notice period has lapsed without objection. For more information, please visit: https://support.ftx.com/hc/en-us/sections/33189504164628-Distributions. 

Preferred Equity Holder Payments

In accordance with the Preferred Shareholder Agreement and the Plan, the Second Preferred Payment will be made on July 31, 2026 from the Preferred Shareholder Remission Fund Trust (“PSRFT”) to Preferred Equity Holders eligible as of the June 16, 2026 Preferred Record Date. To be eligible to receive a payment on a subsequent payment date, Preferred Equity Holders must complete the following prior to the next payment Record Date:

Provide an executed ownership certification attesting to Preferred Equity Interests held;Complete required KYC verification;Submit required tax forms; andOnboard with BitGo (institutions) or Payoneer (individuals) and sign the accompanying consent form.

$18 million is to be paid to eligible Preferred Equity Holders on July 31, 2026, bringing total payments from the PSRFT to $95 million.

Outreach to Preferred Equity Holders began in January 2026. If you believe you are entitled to a future payment on account of Preferred Equity Interests and have not received an outreach to date, please visit the following link.

Phishing Advisory

Please remain aware of phishing emails that may look like they are from FTX and scam sites from channels that may appear to look like the FTX Customer Portal (https://claims.ftx.com). This is another reminder that FTX will never ask you to connect your wallets.

Additional Information

U.S. Bankruptcy Court filings, including the Plan and other documents related to the Court proceedings, are available at https://cases.ra.kroll.com/FTX/.

FTX Digital Markets Ltd. (“FTX DM”) will be separately communicating distribution information for customers who have elected to have their claims administered by FTX DM.

Advisors

FTX is represented by Sullivan & Cromwell LLP as legal counsel and assisted by Alvarez & Marsal North America, LLC as financial advisor, Quinn Emanuel Urquhart & Sullivan, LLP as special counsel and Landis Rath & Cobb LLP as Delaware counsel.

1 Actual distribution percentages may differ slightly due to rounding of the figures referenced above. Additional details regarding the amounts distributed by Class will be filed on the docket shortly after July 31, 2026.

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SOURCE FTX

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Jamie Knight Named Chief Studios Officer to Accelerate Studio Innovation and Growth

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6 minutes ago

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September 21, 2026

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Knight to Build on the Global Studio Foundation Established by Jean Venneman, Who Will Retire After More Than 30 Years in Gaming

LAS VEGAS, Sept. 21, 2026 /PRNewswire/ — IGT announced today that, Jamie Knight will assume the role of Chief Studios Officer on Jan. 1, 2027, succeeding Jean Venneman, who will retire at the end of 2026 following more than 30 years in gaming. Knight will build on the strong foundation established under Venneman’s leadership and lead IGT’s continued studio investments, driving innovation across game design, content development and studio operations.

Knight brings two decades of experience across the industry’s largest suppliers, with deep expertise in translating creative vision into player-favorite content. Having begun her career as a creative, she understands the collaborative process required to transform original concepts into successful products, a perspective that will inform her leadership of studio operations.

Jean Venneman, who will retire on December 31, 2026, began her career at IGT in the early 1990s and went on to hold senior leadership roles across product development, licensing, technology and operations before rejoining IGT in 2024. Since returning, she has rebuilt the company’s global studio operations from the ground up. Under her leadership, she assembled and empowered a world-class studio team with more than 1,200 employees, established shared best practices across studio cultures and created the operational and creative foundation that positions IGT and Everi for accelerated growth.

“Jean’s leadership created the foundation for this next phase of growth,” said Hector Fernandez, IGT CEO. “She brought together talented teams, strengthened how our studios operate and raised the bar for creative and operational excellence. We are deeply grateful for everything she has contributed to our organization and our industry. Jamie’s combination of creative instinct, studio leadership and focus on innovation in design and math will build on that momentum and unlock new possibilities across our combined studio organization.”

As Chief Studios Officer, Knight will establish clear priorities for studio teams, drive innovation in game mechanics and mathematical modeling, and create an environment where creative talent can do exceptional work. Her vision centers on delivering the most dynamic and engaging content that meets the evolving demands of players and operators globally.

“I’m energized to lead our studio teams and build on the strong foundation in place,” said Jamie Knight, incoming Chief Studios Officer. “Together with our talented teams across IGT and Everi, we’ll push the boundaries of what’s possible in game design, content strategy, and math innovation to deliver world-class experiences on the floor.”

“Returning to this organization and helping strengthen our global studio organization has been a meaningful way to close my career,” said Jean Venneman, Chief Studios Officer. “I am incredibly proud of our studio teams and the foundation we have created. I am confident Jamie will carry that momentum forward and help unlock the next phase of our growth.”

For more information, follow IGT on Facebook and LinkedIn or watch IGT videos on YouTube.

About IGT
IGT is a leading global provider of gaming, digital and financial technology solutions, formed through the combination of International Game Technology PLC’s Gaming & Digital Business and Everi Holdings Inc. IGT and Everi’s offering spans gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty and player engagement solutions, enabling it to deliver integrated, customer-centric experiences across land-based and digital environments. Organized into Gaming, Digital and FinTech business units, the organization drives innovation, efficiency and value for casino, digital and hospitality operators worldwide. The company is headquartered in Las Vegas.

Contact:
Phil O’Shaughnessy, Global Communications
Toll free in U.S./Canada +1 (844) IGT-7452
Outside U.S./Canada +1 (775) 448-0257

© 2026 IGT

The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.

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SOURCE IGT

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Lysander Announces Cash Distributions for the Lysander-Canso ActivETFs

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6 minutes ago

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September 21, 2026

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TORONTO, Sept. 21, 2026 /CNW/ — Lysander Funds Limited (“Lysander”) announces the September 2026 cash distributions for each of Lysander-Canso Corporate Treasury ActivETF, Lysander-Canso Floating Rate ActivETF and Lysander-Canso Credit Income ActivETF (TSX: LYCT) (TSX: LYFR) and (TSX: PBY) respectively (each, an “ETF” and collectively, the “ETFs”). Unitholders of record of each ETF at the close of business on the Distribution Record Date will receive a cash distribution based on the number of units held in the amount indicated below, payable on or before the Payment Date.

ETF

Distribution per unit

Distribution Record Date

Payment Date

Lysander-Canso Corporate Treasury ActivETF

$0.0128

September 29, 2026

October 13, 2026

Lysander-Canso Floating Rate ActivETF

$0.0193

September 29, 2026

October 13, 2026

Lysander-Canso Credit Income ActivETF

$0.0417

September 29, 2026

October 13, 2026

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Investment funds are not guaranteed, their values change frequently, and past performance may not be repeated. 

®Lysander Funds is a registered trademark of Lysander Funds Limited.

SOURCE Lysander Funds Limited

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DAXIO Sets Three-Year Public-Market Pathway Towards a $1 Billion Valuation

Published

1 hour ago

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September 21, 2026

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Founder-owned trade show and commercial-technology company combines 12 specialist US events, proprietary DealConnect technology, $35.7 million in annual commercial capacity and a high-margin AI-powered operating model

WEST PALM BEACH, Fla., Sept. 21, 2026 /PRNewswire-PRWeb/ — DAXIO today set out its three-year pathway towards a public-market listing and a $1 billion enterprise valuation.

“With 12 specialist events, proprietary DealConnect technology and $35.7 million in annual commercial capacity, DAXIO has a defined three-year pathway to a $1 billion valuation and public-market listing.” — Dawn Barclay-Ross, Founder and Chief Executive, DAXIO

Founded and wholly owned by international trade show organizer Dawn Barclay-Ross, DAXIO has established a portfolio of 12 specialist US events supported by proprietary DealConnect technology, qualified Hosted Buyer programmes and a portfolio-wide AI operating system.

The portfolio contains approximately $35.7 million in maximum annual commercial inventory capacity: $32.2 million in stand inventory and $3.54 million in sponsorship, advertising and Thought Leadership opportunities.

At 35%, 60% and 85% inventory realization, annual portfolio revenues are approximately $12.5 million, $21.4 million and $30.4 million respectively.

DAXIO’s current cost model indicates the potential for portfolio contribution margins above 90% at scale, reflecting its AI-powered infrastructure, centralized technology and capital-efficient operating structure.

“The next billion-dollar exhibition business will not resemble the last generation of exhibition groups,” said Barclay-Ross, Founder and Chief Executive of DAXIO.

“It will combine deep industry expertise with proprietary technology, intelligent automation and disciplined commercial execution. It will be faster, leaner and more accountable for the business value created at every event. That is DAXIO.”

Twelve events. One scalable commercial platform.

DAXIO’s 2027 portfolio comprises InfraBuild, PowerXpo, EnerWasteXpo, AgriTechXpo, BioGenomic Health Expo, Advanced Medical Device Show, NextGen MedTech Xpo, InsureCap, SmartMfg, AerospaceXpo, DefenseXpo and TalentTech.

Together, the events establish DAXIO across infrastructure, energy, environmental services, agriculture, healthcare, medical technology, insurance, manufacturing, aerospace, defense and workforce technology.

The portfolio has capacity for up to 5,856 stand-equivalent positions across the full commercially deployable event footprint.

Its multi-sector structure creates diversified revenue opportunities through stand sales, sponsorship, advertising, Thought Leadership, commercial partnerships and technology.

DealConnect moves the model beyond networking

DAXIO’s principal technology asset is DealConnect, created by Barclay-Ross to move business-event matchmaking beyond profile-swiping, unqualified introductions and chance encounters.

DealConnect assesses more than 500 data points across capability, compliance and financial dimensions to identify stronger-fit commercial opportunities during DAXIO events.

It operates alongside DAXIO’s qualified Hosted Buyer programmes. Approved buyers with purchasing responsibility and confirmed budgets may receive flights and hotel accommodation in return for agreeing to attend scheduled meetings with exhibitors during the event.

“Attendance is not the commercial outcome,” Barclay-Ross said. “The outcome is whether the right organizations meet, whether the opportunity is credible and whether that conversation can progress into business. DealConnect is designed around that standard.”

A three-year pathway to public markets

DAXIO’s public-market pathway is structured around five measurable drivers:

Converting revenue across the existing 12-event portfolioExtending the portfolio into further specialist and international marketsEstablishing recurring commercial revenues through DealConnectPreserving high margins through AI-powered executionAchieving institutional standards of governance, reporting and financial control 

Barclay-Ross has applied 25 years of international trade show and business-development experience to create an integrated exhibitions and commercial-technology company without the inherited cost base of a conventional exhibition group.

DAXIO is wholly founder-owned and independent of private-equity ownership, institutional exhibition groups and external corporate control.

“The first 12 events give DAXIO significant commercial scale. DealConnect creates proprietary technology value. Our AI operating system provides the execution capacity to operate across multiple specialist markets while protecting margin,” Barclay-Ross said.

“The pathway is already defined: convert the existing inventory, extend the portfolio, establish recurring technology income and enter the public markets as a high-growth exhibitions and commercial-technology company.

“The platform exists. The commercial capacity is quantified. The margin model is compelling. The route is repeatable. DAXIO’s pathway to a $1 billion valuation is underway.”

Strategic capital window closes September 25

DAXIO’s current $200,000 strategic-capital participation window closes on Friday, September 25, 2026.

The capital will be deployed directly into revenue-generating activity across the existing portfolio, including exhibitor and sponsor acquisition, qualified-buyer development, commercial marketing, technology deployment and sales execution.

The current financing provides a time-limited opportunity for eligible investors to participate at the beginning of DAXIO’s three-year public-market pathway.

Confidential company and investment information is available to eligible investors and professional advisers directly from DAXIO.

About DAXIO

DAXIO is a founder-owned, independent trade show and commercial-technology company headquartered in Florida.

Its portfolio comprises 12 specialist US business events supported by proprietary DealConnect technology, qualified Hosted Buyer programmes and an AI-powered operating infrastructure.

DAXIO is executing a three-year pathway towards a $1 billion enterprise valuation and public-market listing.

Media and investor enquiries

Dawn Barclay-Ross
Founder and Chief Executive
DAXIO
dawn@infrabuildXpo.com
+1 561 785 3120

Media Contact

Dawn Barclay-Ross, Capital Connect International Events Inc dba DAXIO, 1 5617853120, dawn@capitalconnectevents.com, https://www.infrabuildxpo.com/

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SOURCE Capital Connect International Events Inc dba DAXIO

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