Habitat for Humanity's new global research report finds three in four people are cutting back on essentials to afford housing

ATLANTA, Oct. 5, 2026 /PRNewswire/ -- Housing costs are forcing millions of people around the world into difficult trade-offs, coming at the expense of food, healthcare, financial security and major plans for the future, according to a global research report released today by Habitat for Humanity International. Titled Home at What Cost? and based on nationally representative surveys of 30,000 people across 22 countries, the report reveals that the full cost of housing extends far beyond rent or mortgage payments — it includes what people give up to secure a place to call home.

Three in 4 survey respondents (75%) say they have cut back on at least one expense in the past year to afford housing costs, with the greatest pressures falling on people already facing greater housing vulnerability, including those living in informal arrangements (89%), lower-income groups (85%) and younger generations — Gen Z and Millennials (81%). The trade-offs reach the essentials, with one-third of respondents (33%) spending less on food, 32% dipping into savings or emergency funds, and 13% delaying or avoiding medical care to afford their homes.

Despite these sacrifices, many households are still exposed, with nearly half of people globally (48%) saying one unexpected problem could threaten their ability to stay housed. Housing affordability is also forcing compromises on safety, with 40% saying they accept some level of housing risk because safer options are out of reach. Across the board, people lack confidence that solutions are on the horizon, with 56% saying the housing system in their country is broken or does not work.

"A home should never come at the cost of your health or your future. It should be the foundation of health, opportunity and financial security. Yet more than half of people believe the housing system in their country is broken or simply isn't working for them," said Jonathan Reckford, CEO of Habitat for Humanity International. "We cannot accept a future where people have to lower their expectations for what a home should provide. The research shows why we need governments, businesses and communities to work together to create housing systems that help people build a future instead of simply surviving the present."

Delayed families, declining well-being

The impact of housing costs extends beyond household budgets, affecting people's well-being today and the futures they hope to build.

- Over half of people (56%) say housing costs make it difficult to consider starting a family. This rises to 62% for Gen Z and Millennials.

- Nearly 6 in 10 parents and guardians (58%) worry that housing costs are limiting opportunities for their children, highlighting how housing pressures are delaying major life milestones and making long-term security harder to achieve.

- Concerns over future homeownership are highest in higher income countries, particularly in North America where more than half of non-homeowners in Canada (56%) and nearly half in the U.S. (42%) say they don't expect to own a home at some point in their life.

- Meanwhile, lack of housing satisfaction is highest in countries with low national gross income, such as Côte d'Ivoire (66%) and Ethiopia (63%), compared with a global average of 35%.

- More than 1 in 3 people (35%) say their housing situation is one of the biggest sources of stress in their lives, rising to 64% among respondents living in informal housing arrangements, and 39% among younger generations (Gen Z and Millennials).

Renters are nearly 1.5 times as likely as homeowners to say their housing situation could negatively affect their health (28% vs. 19%).

Meanwhile, nearly 9 in 10 respondents globally (89%) say safe, comfortable and reliable housing helps them stay mentally healthy, underlining that housing is not simply a financial issue but one that increasingly shapes people's well-being, resilience, and ability to care for themselves and their families.

Housing safety also is increasingly impacted by climate change, with nearly a third of people (30%) expecting extreme weather to make living where they are harder over the next three years, while 18% say their home does not protect them from extreme weather such as heat, cold or flooding.

Governments, private-sector businesses, civil society and individuals all have a role to play in ensuring people can access housing that expands opportunity rather than limiting it. Habitat for Humanity is calling on governments to move from housing promises to housing pathways through political commitment and investment; on businesses to expand and innovate housing finance opportunities; on peers and partners to turn evidence into action by urging policy change, financing and accountability; and on individuals and communities to use their voices, skills and networks to help drive lasting housing solutions.

The report includes a more detailed breakdown of these findings, including country and demographic insights. To find out more about the report or Habitat for Humanity International, visit habitat.org/HomeAtWhatCost.

Methodology

The nationally representative survey was conducted between April 10 and June 30, 2026, across 22 countries, with the views of 30,758 people. The research was conducted across countries, including Argentina, Australia, Barbados, Brazil, Canada, Côte d'Ivoire, Egypt, Ethiopia, Guatemala, Indonesia, Ireland, Kenya, Mexico, Nepal, Nigeria, Poland, South Africa, South Korea, Trinidad and Tobago, Turkey, the United Kingdom, and the United States. This report is based on original public opinion research commissioned by Habitat for Humanity International to better understand how people experience housing in their daily lives. The research was designed to complement existing housing data by moving beyond system-level indicators and capturing how housing affects people's sense of safety, affordability, stability, dignity, health, opportunity and community.

About Habitat for Humanity

Habitat for Humanity is a movement of people in your local area and around the world, working together to build more prosperous and vibrant communities by making sure everyone has a safe, affordable place to call home. Since our founding in 1976 as a Christian organization, together we have helped more than 65 million people globally build their futures on their own terms through access to decent housing. We've done that by working alongside people of all walks of life to build, repair and finance their homes, by innovating new ways of building and financing, and by advocating for policies that make constructing and accessing housing easier for everyone. Together, we build homes, communities and hope. To learn more, visit habitat.org 

SOURCE Habitat for Humanity International

Share this article

CALGARY, AB, Oct. 5, 2026 /PRNewswire/ -- Nanalysis Scientific Corp. (the "Company" or "Nanalysis") (TSXV: NSCI, FRA: 1N1) is pleased to announce the appointment of Philip Birkby as Interim Chief Financial Officer of the Company, effective October 5, 2026.

Philip Birkby, CPA, CA, is a senior finance leader with more than 25 years of experience in publicly traded and private organizations, primarily in the energy and financial services sectors. His experience spans financial reporting, corporate finance, capital allocation, treasury, risk management and corporate governance, and includes working closely with executive leadership teams and Boards on capital structure, liquidity, financing and enterprise risk. Mr. Birkby is a member of the Chartered Professional Accountants of Alberta and holds a Bachelor of Commerce degree.

Mr. Birkby succeeds Heather Kury whose tenure as Chief Financial Officer has concluded. The Board and the entire Nanalysis team would like to thank Ms. Kury for her service and contributions to the Company and wishes her the very best in her future endeavors.

About Nanalysis Scientific Corp. (TSXV: NSCI, FRA: 1N1)

Nanalysis Scientific Corp. develops and manufactures benchtop Nuclear Magnetic Resonance (NMR) spectrometers used worldwide in pharma, biotech, energy, food, materials, and security industries, as well as in academic and government labs. The Company also operates a growing services division that maintains both its own products and third-party imaging equipment, anchored by long-term contract to maintain security scanners at more than 85 Canadian airports.

Notice regarding Forward Looking Information and Legal Disclaimer

This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, this news release contains forward-looking information in relation to:: the resignation of the Chief Financial Officer and the appointment of an interim Chief Financial Officer. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

SOURCE Nanalysis Scientific Corp.

Share this article

Nationally recognized Gold Seal of Approval® reflects clinical excellence behind Talkiatry's in-network psychiatric and therapy care, delivered to over 170 million covered lives nationwide

NEW YORK, Oct. 5, 2026 /PRNewswire/ -- Talkiatry, the nation's largest psychiatric provider group and the preferred in-network psychiatry partner for more than 70 U.S. health systems, has earned The Joint Commission's Gold Seal of Approval® for Behavioral Health. This distinction reflects Talkiatry's continued commitment to providing comprehensive, high-quality care, with more than 170 million covered lives, coming shortly after the company surpassed four million patient visits to date.

Talkiatry's Joint Commission accreditation is a testament to the rigor of the provider group's processes, clinical oversight, and safety practices behind its model. The accreditation reflects Talkiatry's pursuit of clinical excellence and its focus on meeting the same clinical standards held by the country's leading brick-and-mortar healthcare institutions. As demand for behavioral healthcare continues to outpace access nationally, an increasing number of psychiatric care providers have moved to virtual and hybrid settings. With this, patients, providers, and payers have fewer ways to assess whether providers meet consistent, independently audited standards for quality and safety. The Gold Seal of Approval® is a reflection of Talkiatry's robust clinical standards and an integrated care model that brings therapy and psychiatry together to support better patient outcomes.

"Earning Joint Commission accreditation is validation of our clinical infrastructure, further strengthening confidence across the board for our patients, clinicians on staff, and the providers who trust us with their patients," said Dr. Georgia Gaveras, DO, co-founder and Chief Medical Officer of Talkiatry. "We have, and continue to, invest in a clinical team that is dedicated to developing meaningful, long-term relationships with patients. Our model gives clinicians the time and resources to go beyond 15-minute intakes. At Talkiatry, the standard intake is 60 minutes, which allows our clinicians the time to truly understand their patients' needs and deliver care that is thoughtful, personalized, and clinically rigorous."

This Joint Commission accreditation marks the latest milestone in a year of significant growth for Talkiatry, following the company's strategic partnership with AMGA (American Medical Group Association) to expand access to in-network psychiatric care nationwide and the company's $210M Series D funding round earlier this year.

To earn the Gold Seal of Approval® for Behavioral Health, Talkiatry underwent a comprehensive review of its operations, policies, patient care delivery, and privacy and security practices to ensure compliance with Joint Commission. Surveyors from the Joint Commission then conducted on-site observations and interviews to identify performance strengths and opportunities for continued improvement before determining their final decision.

"Joint Commission congratulates Talkiatry for achieving accreditation by demonstrating its focus on delivering safe and effective care of the highest quality and value," says Ken Grubbs, DNP, MBA, RN, executive vice president of Accreditation and Certification Operations and chief nursing officer, Joint Commission. "Through the accreditation process, we worked closely with Talkiatry to enable and affirm the highest standards of healthcare quality and patient safety. Together, we are elevating care for all patients, and we appreciate Talkiatry's collaboration throughout this process."

About Talkiatry

Talkiatry is a full-stack provider group delivering in-network psychiatric and therapy care across the United States. The company directly employs more than 800 full-time psychiatrists, making it the largest private employer of psychiatrists in the country, and has delivered 4 million patient visits to date. Talkiatry serves as the preferred psychiatry partner for health systems, payers, and employers seeking dependable access and superior outcomes. The company's care model is underpinned by proprietary AI-powered technology to manage care delivery, streamline clinical operations, and engage members. Talkiatry was co-founded by Robert Krayn and Georgia Gaveras, DO.

Learn more at talkiatry.com and follow us on LinkedIn, Facebook, and Instagram.

Media Contact

Alex McKechnie

[email protected]

SOURCE Talkiatry

Share this article

International Brain Health Coalition Launches to Put Proven Strategies Into Action

Global leaders in medicine, life sciences, technology, finance, and the United Nations unite to move brain health evidence into homes, communities, and health systems: transforming evidence into equity.

New multisector coalition, coordinated by the Atria Research and Global Health Institute (ARGHI), launches the 30×30×50 Brain Challenge to cut stroke incidence and expand cognitive screening in 30 cities by 2031

NEW YORK, Oct. 5, 2026 /PRNewswire/ -- The International Brain Health Coalition (IBC) launched today, bringing together a multisector, multidisciplinary global community to turn brain health science into equitable, real-world delivery. Its first commitment is the 30×30×50 Brain Challenge: by 2031, 30 cities will work to reduce stroke by 30 percent and increase cognitive screening in primary care by 50 percent.

Coordinated by the Atria Research and Global Health Institute (ARGHI), the Coalition unites patients, leaders from across sectors, and multilateral institutions, including the United Nations, behind a single mandate: to develop, validate, and scale implementation models for the early detection, intervention, and prevention of cognitive impairment, dementia, and stroke across primary care and community settings globally. Rather than generating new evidence alone, the Coalition focuses on putting what science already knows into programs, policies, and daily habits that reach people where they live, work, and age, not only where they receive care.

Neurological and cardiometabolic conditions are among the leading causes of ill health and disability worldwide, and their economic toll on families, and health systems is immense and unsustainable. The modifiable risk factors behind stroke and dementia are well established. The science for prevention is clear, what has been missing is the infrastructure to act on it.

"We are currently facing an incalculable toll on human suffering and an enormous drain on the global economy," said Dr. David Dodick, Chair of the IBC, Chief Science and Medical Officer at the Atria Health Institute, and Co-Director of the Atria Academy of Science and Medicine. "We have the science to prevent this reality. We don't have a knowledge gap; we have an execution failure, and IBC was built to close it."

Today, IBC collaborators include UN Women; Thrive Global; Western University; the Western Institute for Neuroscience; the AI-Mind Institute (Norway); Eli Lilly and Company; Bristol Myers Squibb; the Royal Bank of Canada; the American Heart Association; the Women's Alzheimer's Movement; Microsoft; NeuroCentury; Dr. Regina Benjamin, the 18th United States Surgeon General; Gen. Peter Chiarelli, former Vice Chief of Staff of the United States Army and former CEO of One Mind; Dr. Abdulkareem Al Olama, Founder of Sultan Al Olama Medical Centers (Dubai); and more.

"Extraordinary progress is happening across brain health, neurological sciences, and policy," said Khadija Rejto, Vice Chair of IBC and Chair of Global Health at the Atria Research and Global Health Institute. "Cardiovascular, metabolic, and endocrine research is reshaping how we understand the brain. IBC's role is to connect those efforts and bring brain health into the places where life actually happens, turning shared knowledge into better brain health for all."

The IBC's inaugural project is the 30×30×50 Brain Challenge: 30 global cities pledging a 30% reduction in stroke incidence and a 50% increase in primary-care cognitive screening by 2031, establishing a validated, replicable model that any city, health system, or country can adopt. IBC's two launch cities are London, Ontario, Canada, and Oslo, Norway.

London, Ontario, Canada is home to the Coalition's flagship CanDo Brain Health Implementation Initiative, a two-year trial enrolling up to 800 participants in a scalable AI-and-human coaching model targeting blood pressure, activity, sleep, and other proven drivers of cognitive decline, anchored by the Western Institute for Neuroscience at Western University.

"Brain health is the foundation of individual and societal well-being, and we have known for decades how to protect it. What we have lacked is a way to deliver that knowledge to entire populations," said Dr. Vladimir Hachinski of the Western Institute for Neuroscience, Western University. "The International Brain Health Coalition is the first initiative built to do precisely that. It is fitting that this work begins in London, where integral brain health was first defined as a discipline, and it is my hope that what we prove here will benefit every community in the world."

Oslo, Norway, anchors the Coalition's European launch through the AI-Mind research environment at Oslo University Hospital and the University of Oslo, led by Dr. Ira Haraldsen, PhD, MD, together with BrainSymph, combining multimodal AI, cognitive assessment, EEG, blood-based biomarkers, and longitudinal home monitoring to identify individuals at increased risk of cognitive decline before overt dementia develops.

"The Oslo demonstration will extend this foundation into a practical, scalable model for precision brain health prevention and early intervention, linking population and primary care screening with multimodal risk stratification and personalized follow up, while emerging Virtual Human Twin approaches investigate how brain, cardiovascular, metabolic, inflammatory, and behavioural factors interact over time to reveal modifiable risk trajectories before irreversible neurological disease develops," said Dr. Ira Haraldsen.

This pairing of Europe's most advanced predictive brain health science with a proven translational pathway makes Oslo a powerful demonstration environment for the IBC and creates a direct bridge to major European research, innovation, regulatory, and commercialization programs.

Quotations from IBC collaborators:

- Dr. Regina Benjamin M.D., 18th United States Surgeon General: "Access to scientific evidence and treatment should not depend on where a person lives or what resources a community has. The International Brain Health Coalition is building a population health model designed for everyone, turning what we know about prevention into care that can reach every community."

- Ambassador Sima Bahous, Under-Secretary-General and Executive Director of UN Women: "Dementia and Alzheimer's disease are not gender-neutral. Women represent nearly two thirds of those living with Alzheimer's and the overwhelming majority of those who care for them, often at the cost of their own health, income, and opportunity. That is why this effort must be viewed through a women's health lens from the very beginning, not as an afterthought. The International Brain Health Coalition has embedded women's brain health into its foundation, and UN Women is proud to contribute to the work of a coalition determined to ensure that the benefits of prevention reach the women who bear the greatest burden of this disease."

- Arianna Huffington, Founder and CEO of Thrive Global: "The science is clear that the daily behaviors protecting our brains, from sleep and movement to nutrition and connection, are built through small, sustained steps, not willpower alone. With Thrive Global we have built a digital platform grounded in the science of behavior change that can deliver personalized nudges and Microsteps to millions of people at the moments they matter most. That reach is what makes a project of this ambition feasible. For the first time, we can meet people where they are, at population scale, and help them turn what science knows about brain health into what they actually do every day."

- Jennifer Oleksiw, Group Vice President, U.S. Neuroscience & Global Commercial Innovation Officer, Eli Lilly and Company: "Alzheimer's disease brain changes can begin up to 20 years before symptoms appear. Acting early can help preserve brain health, but our health care systems aren't set up for early intervention and detection. The International Brain Health Coalition is a way to bring risk factor education into routine primary care and assess how blood-based biomarkers could support it."

- Wendy Short Bartie, Executive Vice President, Chief Corporate Affairs Officer, Bristol Myers Squibb: "Brain health is one of the defining health challenges of our time, and no single organization can address it alone. We have an opportunity to bring together science, health care, technology, policy, and community partners around a shared goal: helping people maintain healthier brains throughout their lives. What makes the International Brain Health Coalition so important is its focus on turning knowledge into action and building practical models that can expand access, improve outcomes, and reach more people in the communities where they live."

- Maria Shriver, Founder of the Women's Alzheimer's Movement at Cleveland Clinic: "I have spent more than two decades sounding the alarm that Alzheimer's disease is an urgent women's health issue, long before brain health entered the public's consciousness. I founded the Women's Alzheimer's Movement and launched the first clinic in this country devoted to preventing Alzheimer's in women at Cleveland Clinic because I believed prevention was possible when almost no one else did. What the International Brain Health Coalition is doing is what I have been fighting for all along: taking prevention out of the margins and building it into everyday care. This is an enormous accomplishment and move forward, and women, who carry the greatest burden of this disease, stand to gain the most."

- Dr. Mitchell Elkind, Chief Science Officer for Brain Health and Stroke at the American Heart Association (AHA): "The goals of the IBC initiative align well with those of the American Heart Association.

Once Upon a Farm Expands Kids Portfolio With Organic Electrolyte Pouches

Providing real-food fuel for the back-to-school season, this expansion solidifies the brand's leadership in organic, simple, nutritious foods for children, addressing growing parental demand for clean snack options across all early childhood stages

Download High-Res Product Images Here.

BERKELEY, Calif., Oct. 5, 2026 /PRNewswire/ -- Once Upon a Farm PBC (NYSE: OFRM), the mission-driven brand known for bringing organic, farm-fresh snacks and meals to families, is expanding its refrigerated pouch portfolio with the launch of Electrolyte Blends, bringing organic hydration to the busy, active stretch of childhood when kids need it most. With the brand's continued focus on growing its portfolio from babies to big kids and meeting children's evolving nutritional needs at every stage, Once Upon a Farm's newest Electrolyte Blends grow with kids into their most active years.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/once-upon-a-farm/9379952-en-once-upon-a-farm-organic-electrolyte-pouches

Drinking fluids is a direct way to meet immediate hydration needs while water-rich foods offer a more gradual, complementary source that also delivers vitamins, fiber, and natural electrolytes that fluids alone don't provide. Once Upon a Farm's organic Electrolyte Blends were built around this idea: using real food to support hydration and nutrition, rather than treating them as separate goals.

Once Upon a Farm's organic Electrolyte Blends are crafted with real food and ingredients that naturally provide electrolytes: juicy fruits and veggies, coconut water, and sea salt. Designed to help support daily hydration and electrolyte balance**, these refreshing fruit & veggie purée pouches are available in three tasty kid-approved flavor combinations, including 4oz single-serve pouches and a four-pack offering. Flavors include:

"As a parent of three older kids, I've seen firsthand the importance that electrolytes play in kids' busy lifestyles during the school year, yet many kid-specific options miss the mark on providing key nutrients that children need during this stage of life," said Cassandra Curtis, Co-founder and Chief Innovation Officer at Once Upon a Farm. "Our new Electrolyte Blends fill that gap to meet the needs of school-age kids, providing them with a real-food, replenishing snack designed to fit into everyday routines."

Nearly 50% of parents in the U.S. are looking for electrolytes when buying products for kids between the ages of 6-12, according to SPINS, 2024 Kids' Beverage Attributes Survey. "I often talk with young athletes and their parents about ways to support hydration from sources beyond drinks," said Taylor Morrison, Pediatric Sports Dietitian and Once Upon a Farm Expert. "While young active kids don't need all the electrolytes that we see collegiate or professional athletes need, it is still important that they stay hydrated and get key electrolytes to feel and play their best. Once Upon a Farm's Electrolyte Blends have ingredients specifically chosen for their natural electrolytes, which make them even more helpful for active young children and athletes. And they do it in a way where kids will love the taste, and parents can feel good about the ingredients."

Families can purchase Once Upon a Farm's Electrolyte Blends at select retailers nationwide and direct-to-consumer at onceuponafarmorganics.com. Once Upon a Farm's blog shares more information in A Parent's Guide to Electrolytes.

Once Upon a Farm products are organic, non-GMO, contain no added sugar ‡ * and are free from artificial flavors and colors – just simple, real, nutritious food kids ask for and parents trust. For more information about Once Upon a Farm, visit onceuponafarmorganics.com.

Frequently Asked Questions

Q: What makes Once Upon a Farm's Electrolyte Blends different from other hydration alternatives for kids?

- Once Upon a Farm's organic Electrolyte Blends are an easy to grab snack and not a beverage. They are made with real ingredients that naturally provide electrolytes, with no added sugar and are free from artificial flavors and colors. Each pouch is cold-pressure protected (HPP) to help preserve nutrients and farm-fresh flavor.

Q: Where can I buy Once Upon a Farm's Electrolyte Blends?

- Once Upon a Farm's Electrolyte Blends are available now and sold in the dairy or produce aisles at select retailers nationwide and can be purchased at onceuponafarmorganics.com. The Guava Strawberry Electrolyte Blends flavor is available exclusively at Whole Foods Market, rolling out nationwide in April 2027.

Q: What ages are Once Upon a Farm Electrolyte Blends designed for?

- Once Upon a Farm's Electrolyte Blends are for older, active kids, designed to help support daily hydration and electrolyte balance.**

Q: Are Once Upon a Farm products organic?

- Yes, all products from Once Upon a Farm are USDA Organic and Non-GMO. In addition, Once Upon a Farm products contain no added sugar‡* and are free from artificial flavors and colors just simple, real, nutritious food kids ask for and parents trust.

Q: Where can I buy Once Upon a Farm products?

- Once Upon a Farm is available in more than 25,000 retail doors including Whole Foods Market, Target, Walmart, Kroger, and more, as well as direct-to-consumer at onceuponafarmorganics.com.

About Once Upon a Farm

Once Upon a Farm, PBC (NYSE: OFRM) is redefining the organic kids' food category and shaping the future of food. Guided by its mission to drive systemic improvement in childhood nutrition for a happier, healthier, more equitable world, the Company offers a portfolio of crave-worthy snacks and meals designed for children from babies through big kids. Once Upon a Farm products are organic, non-GMO, contain no added sugar ‡ * and are free from artificial flavors and colors – just simple, real, nutritious food kids ask for and parents trust. For more information visit www.onceuponafarmorganics.com, follow @onceuponafarm on Instagram, Facebook and TikTok.

*Except Refrigerated Protein Bars, which are sweetened with honey.

‡ Not a low calorie food

**Product not designed for medical rehydration or sustained energy

Media Contact

[email protected]

SOURCE Once Upon a Farm, PBC

Share this article

Transaction Highlights:

- Strategic investment from General Catalyst, Koch Equity Development, and co-investors to support long-term growth at Axiom, Flex's Cloud and Power Infrastructure segment

- $2.0 billion convertible preferred equity investment is at an initial enterprise value for Axiom of $37.5 billion

- Flex intends to separate Axiom into an independent, publicly traded company in the first quarter of calendar 2027

AUSTIN, Texas, Oct. 5, 2026 /PRNewswire/ -- Flex (NASDAQ: FLEX) announced today that it has entered into an agreement to sell $2.0 billion of shares of Series A Convertible Preferred Stock of Axiom Solutions International, Inc. (Axiom), Flex's Cloud and Power Infrastructure segment, to funds affiliated with General Catalyst, Koch Equity Development, and co-investors. Through this strategic investment, Axiom will be positioned to further capitalize on the growing AI infrastructure demand as it prepares to operate as an independent company. Pro-forma for the separation, the investment will be solely in Axiom.

"This investment provides equity funding for our recently announced acquisition of EPC Power and will allow Axiom to have a strong balance sheet as we prepare to stand up as an independent, publicly traded company squarely focused on the power, thermal, and compute infrastructure the AI era demands," said Revathi Advaithi, Chief Executive Officer of Flex and expected Chief Executive Officer of Axiom. "General Catalyst brings deep conviction in applied AI and a long track record partnering with companies building category-defining leaders, and we're glad to have them partner with us as Axiom enters its next chapter. This transaction reflects the value we see in Axiom's business today and will translate into lasting value for Flex shareholders as the separation comes together."

"Axiom sits at the center of the power and infrastructure buildout that AI demands, and we've been impressed by the team's execution and the scale of the opportunity ahead," said Hemant Taneja, Chief Executive Officer, General Catalyst. "We look forward to partnering with Axiom for the long term as it becomes an independent company and continues to invest in the technology and capacity this next phase of growth requires."

"AI diffusion requires modern power solutions at scale," said Madhu Namburi, Managing Director, General Catalyst. "Under Revathi's leadership, we believe Axiom will become the defining power company of the AI era."

As part of the investment, General Catalyst will have the right to nominate one director to Axiom's board of directors, following completion of the separation.

The Convertible Preferred Stock pays a dividend of 10.0% per annum in cash prior to the separation, stepping down to 6.0% per annum in cash or 7.0% per annum if paid in kind following the separation, subject to increases after the fifth anniversary of the separation and certain other adjustments.

Net proceeds from the investment will be used to fund a portion of the purchase price of Axiom's pending acquisition of EPC Power, to repay any equity bridge or other intermediate financing incurred in connection with the acquisition, to pay dividends on the Convertible Preferred Stock, or for general corporate purposes. Flex separately has secured committed term loan financing for the balance of the EPC Power acquisition.

The investment is expected to close following receipt of customary regulatory approvals and satisfaction of other customary closing conditions.

Flex previously announced its intention to separate its Cloud and Power Infrastructure segment into an independent, publicly traded company, Axiom, which is expected to be completed in the first quarter of calendar 2027, subject to the satisfaction of customary conditions.

Advisors

PJT Partners is serving as financial advisor, and Skadden, Arps, Slate, Meagher & Flom LLP is serving as legal counsel to Flex.

Davis Polk & Wardwell LLP is serving as legal counsel to General Catalyst.

About Flex

Flex (Reg. No. 199002645H) is the manufacturing partner of choice that helps leading brands design, build, and manage products that improve the world. With a global footprint spanning 30 countries, Flex delivers advanced manufacturing and supply chain solutions, innovative products and technology, and lifecycle services that support customers from concept to scale. In the AI era, Flex is helping customers accelerate data center deployment by solving power, heat, and scale challenges through cutting-edge power and cooling technology and scalable IT infrastructure solutions. For information about Flex's intent to spin off its Cloud and Power Infrastructure portfolio, visit: https://flex.com/transaction-resources.

About General Catalyst

General Catalyst is a global investment and transformation company with venture at its core. We meet the most ambitious founders where they are from seed to growth stage and beyond to drive resilience and applied AI. With offices in San Francisco, New York City, Boston, Berlin, Bangalore, London, and Washington, D.C., we support entrepreneurs with a long-term view who challenge the status quo, and give them access to insanely powerful advantages. General Catalyst has supported the growth of 900+ businesses, including Airbnb, Anduril, Anthropic, Applied Intuition, Commure, Glean, Guild, Gusto, Helsing, Hubspot, Kayak, Livongo, Mistral, Ramp, Samsara, Snap, Stripe, Sword, and Zepto.

Contacts

Flex Investors & Analysts

Michelle Simmons

Senior Vice President, Global Investor Relations and Public Relations

(669) 242-6332

[email protected]

Flex Media & Press

[email protected]

Cautionary Statement Regarding Forward-Looking Statements

This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Words such as "anticipate," "believe," "expect," "intend," "may," "plan," "project," "will," and similar expressions identify forward-looking statements. These forward-looking statements include, without limitation, statements regarding the convertible preferred investment in Axiom (the "Investment"), the acquisition of EPC Power Corp. (the "EPC Power Acquisition") planned spin-off of our cloud and power infrastructure segment into an independent, publicly traded company (the "Spin-Off"); the expected timing of the closing of the Investment, EPC Power Acquisition and the Spin-Off and the ability to complete the Investment, the EPC Power Acquisition and the Spin-Off; the anticipated benefits of the EPC Power Acquisition and the Spin-Off, including enhanced strategic focus, financial flexibility, and value creation for shareholders; the expected tax-free treatment of the Spin-Off for U.S. federal income tax purposes; the expected future performance of each of Flex and Axiom following completion of the EPC Power Acquisition and the Spin-Off; the impact of the EPC Power Acquisition on Flex's Cloud and Power Infrastructure segment; the expected sources and structure of financing for the EPC Power Acquisition; management changes and leadership of each of Flex and Axiom; and statements about business strategies, growth opportunities, market position, and financial outlook for each of Flex and Axiom. These forward-looking statements are based on current expectations, estimates, and assumptions involving risks and uncertainties that could cause actual outcomes and results to differ materially from those anticipated by these forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements.

Risks and uncertainties related to the Investment, EPC Power Acquisition and the Spin-Off include, but are not limited to: uncertainties as to whether the Investment, EPC Power Acquisition and the Spin-Off will be completed and the timing thereof; the ability to achieve anticipated ratings of the Convertible Preferred Stock; the possibility that various conditions to the completion of the Investment, EPC Power Acquisition and the Spin-Off may not be satisfied or waived; the possibility that the Spin-Off will not qualify for the expected tax-free treatment for U.S.

Company earns a 98.2 overall score, five-star rating, perfect Performance Score, and No. 1 ranking

in the Americas for Solar Power Generation

SCOTTSDALE, Ariz., Oct. 5, 2026 /PRNewswire/ -- Arevon Energy, Inc., a leading American energy developer, owner, and operator, announced its industry leading results in the 2026 GRESB environmental, social, and governance (ESG) Benchmark Assessment, earning the No. 1 ranking in the Americas for Renewable Power: Solar Power Generation for the second consecutive year.

Arevon received an overall GRESB score of 98.2 out of 100. The company also earned a perfect Performance Score of 60 out of 60, demonstrating excellence across GRESB's sustainability indicators.

"This recognition reflects the dedication of our team and our commitment to developing, owning, and operating projects for the long term," said Justin Johnson, Chief Executive Officer at Arevon. "At Arevon, responsible development, sound governance, environmental stewardship, and meaningful engagement with the communities where we operate are integral to how we do business. We are proud of this achievement and remain focused on building on this progress."

Arevon has participated in the GRESB Assessment for nine years, using the annual evaluation to measure progress, strengthen its ESG management practices, and inform priorities for the year ahead. In 2025, the company ranked No. 1 in the Americas for Renewable Power: Solar Power Generation and No. 3 globally among solar companies.

Since 2009, GRESB has served as a global ESG assessment and reporting framework for real estate and infrastructure investments. Its assessments are aligned with international frameworks including the Global Reporting Initiative, Principles for Responsible Investment, and United Nations Sustainable Development Goals.

Arevon integrates ESG considerations across its business and project portfolio, with a focus on community engagement and the delivery of reliable, domestically produced energy. These efforts reflect Arevon's broader commitment to sustainable growth and to creating long-term value for the communities and partners it serves.

About Arevon Energy, Inc.

Arevon is a U.S. energy leader committed to powering America with affordable, reliable, and secure homegrown energy. Headquartered in Scottsdale, Arizona, and with a regional office in New York City, the company's experienced and dedicated team develops, finances, builds, owns, and operates renewable energy projects nationwide. With a strong track record in utility-scale solar and energy storage, Arevon is a trusted partner to utilities and businesses seeking cost-effective, sustainable energy solutions. By prioritizing American manufacturing and domestic energy production, the company invests in U.S. jobs, strengthens local economies, and advances the country's energy independence.

Arevon owns and operates more than 6.3 gigawatts of solar and energy storage projects across 18 states, is currently constructing 370 megawatts (MW) of new capacity, and maintains a robust development portfolio. The company has also partnered with local utilities to develop and build 480 MW of solar energy, ensuring each project was successfully integrated into their communities. Together, this scale, execution, and ongoing development activity position Arevon at the forefront of American energy innovation. For more information, visit arevonenergy.com.

SOURCE Arevon

Share this article

Company's expansion outpaces a utility sector already seeing a 173% surge in strategic dealmaking, as AI-driven power demand pushes utility spend into the center of enterprise financial strategy

HOUSTON, Oct. 5, 2026 /PRNewswire/ -- GETCHOICE!, the enterprise utility intelligence platform, today reported that its core business grew at a 50% run-rate revenue pace and 220% growth in total spend under management over the past two years, alongside 130% year-over-year net revenue retention. Spend managed on the platform grew more than 20% in the most recent quarter alone.

The growth places GETCHOICE! at the leading edge of a utility-management category being reshaped by accelerating demand and tightening capacity. In electricity, that shift is already visible in the capital markets: according to PwC, announced U.S. power and utilities M&A totaled $216 billion in the six months ended May 2026 — up 173% year over year. But electricity is only the most visible example of a much broader trend. The enterprise utility system includes natural gas, steam, water and wastewater, waste and recycling, telecom and internet, drag-reducing agents and other essential recurring services. Together, they represent a large, complex and mission-critical spend category that deserves its own operating infrastructure.

"Enterprises are no longer asking whether the utility bill was paid," said Kiki Dikmen, Chief Executive Officer of GETCHOICE!. "They want to know why spend moved, where the exposure sits, and what to do next. Our growth is the customer response to that shift. Once a company connects its utility data and workflows on one platform, it doesn't stay at the first use case; it expands."

Growth Driven by Deepening Customer Relationships, Not Just New Logos

GETCHOICE! said its 130% net revenue retention rate (a measure of how much existing customers expand their usage over time) is the clearest signal behind its growth. The company said customers are consistently adding locations, utility categories and spend to the platform after initial deployment, rather than utilities management remaining a single point solution.

One particular Fortune 500 National Energy Company alone highlights the pattern and its scale. For this company's portfolio alone GETCHOICE! platform processes approximately 17,000 utility invoices per month across more than 1,500 suppliers and roughly $700 million in annual utility spend. Centralizing that workflow on GETCHOICE!'s platform reduced late fees to zero and gave the organization a single, reliable view of its portfolio.

A Category Moving From the Back Office to the Boardroom

GETCHOICE! points to structural forces in the broader market as the backdrop for its growth. As utility spend becomes larger, more volatile and more consequential to enterprise financial performance, GETCHOICE! said finance, procurement and operations leaders are increasingly treating it as a strategic, board-level category rather than a back-office expense.

"For most of my career, the first question in this category was how to lower utility costs," Dikmen said. "That still matters. But today the more important question is whether a company understands its utility portfolio well enough to control the risk, the data and the decisions around it. That's the problem we built GETCHOICE! to solve, and it's why the platform keeps growing inside the customers who adopt it."

There is a race underway to connect more of the utility value chain within a single operating environment. "The advantage will not come from adding one more feature. It will come from connecting data, automation, payments, procurement and expertise well enough that customers can make better decisions faster," Dikmen concluded.

About GETCHOICE!

GETCHOICE! is an enterprise utility intelligence platform that centralizes utility data, contracts, invoices and payments for large, multi-site organizations. The platform combines AI-enabled invoice capture and validation, ERP and AP integrations, analytics, payment automation, security and ESG reporting across electricity, natural gas, water, waste, telecom, internet and other recurring utility categories. GETCHOICE! is headquartered in Houston, Texas. For more information, visit getchoice.com.

Media Contact: Isabel Kramer, [email protected]

SOURCE GETCHOICE!

Share this article

GoNoodle and The Cat in the Hat Team Up to Get Kids Speaking "Thinglish" and Moving All Month Long

A new Thinglish video from the film's choreographer and a nationwide Minutes of Movement contest with movie tickets on the line bring the fun of Warner Bros. Pictures Animation's The Cat in the Hat into classrooms and homes before it hits theaters November 6th.

ATLANTA, Oct. 5, 2026 /PRNewswire/ -- GoNoodle, the educational movement platform used by K–12 teachers and parents, today announced a partnership with Warner Bros. Pictures Animation's The Cat in the Hat, ahead of the new film's release in theaters on November 6. The partnership brings the movie's signature mischief and movement to kids everywhere with a brand-new video, Let's Speak Thinglish!, and a nationwide Minutes of Movement contest that rewards classrooms and families for getting active with GoNoodle.

In the new animated movie, the Things don't use words. They communicate through movement and body percussion, a language known as Thinglish. Let's Speak Thinglish! joins a robust library of Dr. Seuss GoNoodle videos on the Dr. Seuss channel on GoNoodle.com and teaches kids how to "speak" it. Created in partnership with the film's choreographer, Christopher Scott, the video guides students step by step through the Thinglish words for "hello," "goodbye," "yes," and "no," then challenges them to say "My name is…" and create their very own names in Thinglish.

GoNoodle's kid hosts lead the learning, with clips from the film woven throughout. When the lesson wraps, kids are invited to take Thinglish home and teach their families, so the fun of the movie goes with them long after the video ends. Teachers can play it in the classroom, and families can play it anywhere, all month long.

"Kids have a special connection to The Cat in the Hat, and it was pure joy to bring that spirit to GoNoodle," said Eric Covert, Chief Creative Officer at GoNoodle. "Working with the film's choreographer to build Let's Speak Thinglish! reminded us how powerful movement is as a language. Watching kids light up as they learn their first Thinglish words and invent their own names is exactly what GoNoodle is about: getting kids moving, laughing and learning together. We can't wait to see classrooms and living rooms all over the country speaking Thinglish."

To celebrate the film's release, The Cat in the Hat has also partnered with GoNoodle on a nationwide Minutes of Movement contest. Classrooms and homes across the United States can compete to log the most minutes of movement, where every minute of GoNoodle watched counts as one minute of movement.

The prizes are built for the big screen. The winning classroom will receive a family pack of four movie tickets for every student and the teacher so the whole class can see The Cat in the Hat together in their local theater. The families with the most minutes of movement will win family packs of tickets.

The contest runs from October 5th through November 1st. Winners will be announced November 4th, just in time for the movie's launch.

"The Cat in the Hat is a story kids already love, and Thinglish gives them a way to step inside it," said Sarah Halloran, Chief Marketing Officer at GoNoodle. "Teachers get a ready-made brain break that kids are excited about, families get a reason to move together at home, and every minute counts toward a shot at movie tickets. It's a month-long celebration that turns the anticipation of a movie into movement."

To watch Let's Speak Thinglish! and join the Minutes of Movement contest, visit GoNoodle.com. Find contest guidelines here.

About GoNoodle

GoNoodle is a media and technology company committed to creating joy, health, and self-discovery in elementary-aged kids (and the adults in their lives). We make videos and games that get kids up and moving and developing their wellness, mental health, equanimity, and resilience. GoNoodle is in millions of homes and 88% of U.S. public and private elementary schools. Kids love it because it's fun. Teachers love it because it engages students and reinforces the curriculum. Parents love it because it's meant to fuel their kids and bring them closer. To learn more, visit GoNoodle.com.

About The Cat in the Hat

Warner Bros. Pictures Animation's first full-length feature film, The Cat in the Hat, comes to theaters and IMAX® across North America on November 6, 2026, and will be distributed by Warner Bros. Pictures.

ABOUT DR. SEUSS ENTERPRISES L.P.

Founded in 1993, Dr. Seuss Enterprises is a global entertainment company. Our mission is to educate and entertain generations around the world by promoting and protecting the literary and artistic works of Dr. Seuss. We provide world-class content that drives joyful learning and creates hopeful futures. All Dr. Seuss Enterprises' profits benefit charitable organizations that focus on causes such as education, science, health, animal conservation, and the arts. For more information, subscribe to our YouTube channel, visit DrSeussEnterprises.com, or follow us on Instagram.

SOURCE GoNoodle

Share this article

Engagement combines AI strategy, enterprise AI platform development and production deployment to help Expand Energy scale AI across the business.

CHICAGO, Oct. 5, 2026 /PRNewswire/ -- Thoughtworks, a global technology consultancy that integrates design, engineering and artificial intelligence (AI) to drive digital innovation, today announced that Expand Energy (NASDAQ: EXE), the largest independent natural gas producer in North America, has selected the consultancy as its strategic partner to design and build an enterprise-wide AI capability. The multi-phase engagement covers AI strategy, use case prioritization, machine learning (ML) platform implementation, and the delivery of a production-ready solution aligned to Expand Energy's long-term strategic priorities.

Expand Energy operates across exploration and production as well as energy marketing, areas with significant opportunity to unlock value through AI. Seeking to move beyond isolated pilots toward a coordinated, enterprise-scale approach, Expand Energy selected Thoughtworks to help connect strategy, platform development and delivery in a single program. The company's objective is to identify the highest-value AI opportunities across the business, build the capabilities required to support them, and deploy a production solution by the end of 2026.

"AI has the potential to create value across multiple areas of our business, but realizing that value requires more than individual projects," said Josh Viets, executive vice president and chief operating officer at Expand Energy. "We selected Thoughtworks because of its ability to connect strategy, technology and delivery in a single engagement. Together, we're building the foundations needed to identify, deploy and scale AI solutions that support our long-term business objectives."

As organizations move beyond AI experimentation, many are finding that continued success depends on the underlying platforms, governance and operating models that support adoption at scale. The engagement is designed to help Expand Energy build those foundations while delivering measurable business outcomes.

Thoughtworks will lead the engagement across three connected workstreams:

- AI strategy and opportunity prioritization: Thoughtworks will work with business and technical stakeholders across Expand Energy to identify, evaluate and prioritize high-value AI opportunities aligned to the company's strategic objectives.

- Enterprise AI foundations: Thoughtworks will design and begin implementing the data, platform and governance capabilities needed to support AI adoption at scale across the organization.

- Solution delivery and enablement: Thoughtworks will build and deploy a high priority AI solution, establish an operating model for ongoing AI delivery, and enable Expand Energy teams to adopt and scale AI responsibly.

Unlike traditional AI programs that separate planning from implementation, Thoughtworks' approach combines strategy and delivery from the outset to create AI that works. Early-stage proof-of-concept development generates real-world insight into data readiness, integration requirements, adoption challenges and business value, allowing the roadmap and operating model to evolve based on evidence rather than assumptions.

"This engagement reflects a challenge we're seeing across all industries: organizations want to move from isolated AI experiments to agentic AI that delivers business value," said Manish Sateeja, senior vice president and head of automotive and manufacturing for North America at Thoughtworks. "Expand Energy has the leadership commitment, domain expertise and ambition to make that transition. This work creates the operational backbone required to scale agentic AI directly into business operations and deliver value."

The engagement draws on Thoughtworks' track record delivering AI strategy and enterprise ML platform programs across data-intensive industries including energy, financial services, life sciences, and global market research. The firm brings experience spanning end-to-end AI capability buildouts, MLOps platform implementations, responsible AI governance, and large-scale workforce AI enablement.

Supporting resources:

- Learn more about Thoughtworks' Data & AI capabilities.

- Discover Thoughtworks' Agentic Development Platform, AI/works™.

About Thoughtworks

Thoughtworks is a global technology consultancy that integrates design, engineering and AI to drive digital innovation. We are over 10,000 people strong across 47 offices in 18 countries. For 30+ years, we've delivered extraordinary impact together with our clients by helping them solve complex business problems with technology and culture as the differentiator.

About Expand Energy

Expand Energy Corporation (NASDAQ: EXE) is North America's largest natural gas producer, powered by dedicated and innovative employees focused on expanding the value of natural gas by connecting scale to growing markets. Expand Energy's returns-driven strategy strives to create sustainable value for its stakeholders by leveraging its advantaged portfolio, financial strength and operational excellence. Expand Energy is committed to expanding America's energy reach to fuel a more affordable, reliable, lower carbon future.

Media contacts:

Thoughtworks

Marsh Abraham

Head of Public Relations for Americas

[email protected]

Expand Energy

Brooke Coe

(405) 935-8878

[email protected]

SOURCE Thoughtworks

Share this article