•Broadwind entered a definitive agreement to sell its Abilene, Texas production facility for up to $19.5 million in cash and non-cash consideration.
•The company announced a strategic exit from the wind market to pivot toward becoming a pure-play precision manufacturer for power generation and infrastructure.
•Broadwind has withdrawn its 2026 financial guidance following the announcement of its strategic pivot.
•Contract manufacturer Flex announced plans to spin off its cloud and power infrastructure business into a separate publicly traded company by early 2027.
•Splash Beverage Group received a notice from NYSE American indicating non-compliance with continued listing standards regarding minimum shareholders' equity.
•The company is required to submit a plan by May 29, 2026, outlining actions to regain compliance.
•If the plan is accepted, the company may be granted a cure period extending through January 29, 2027.
•Cerence Inc. filed a complaint with the U.S. International Trade Commission against Amazon to block the importation of products that infringe on Cerence's intellectual property.
•The Schroder family decided to sell their stake in the UK asset manager following the death of a patriarch and rising competition from large US funds.
•Closure Systems International announced the acquisition of two beverage closure compression molding facilities in Pennsylvania and Mississippi from Amcor.
