Compass Diversified Announces Amendment to Existing Credit Facility WESTPORT, Conn., Dec. 19, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle-market branded consumer and industrial businesses, today announced that it has entered into an amendment (the “Amendment”) to its existing credit agreement (the “Credit Agreement”) with its senior secured lenders. The Amendment restores full access to the Company’s $100 million revolving credit facility, providing CODI and its subsidiaries with the financial capacity to continue operat...
Compass Diversified Reports First Quarter 2025 Financial Results WESTPORT, Conn., Dec. 18, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle-market businesses, announced today its consolidated operating results for the three months ended March 31, 2025 and filed its Quarterly Report on Form 10-Q for the period. The Company expects to file its Quarterly Reports on Form 10-Q for the second and third quarters of 2025 in the coming weeks. “Today’s filing represents another important step in our efforts to bring our financial repor...
Compass Diversified Completes Restatement of Previously Issued Financial Statements WESTPORT, Conn., Dec. 08, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle-market branded consumer and industrial businesses, today announced the filing of its restated financial results for fiscal years 2022, 2023, and 2024 and the financial information for each of the interim periods included within those years. “We are pleased to have completed this extensive restatement process. The financial and accounting fraud perpetrated by the former ...
Compass Diversified Announces Conference Call to Discuss the Restatement of Financial Results WESTPORT, Conn., Nov. 26, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle-market branded consumer and industrial businesses, announced today that it plans to host a conference call to discuss the restatement of its financial results for fiscal years 2022, 2023, and 2024, and the unaudited financial information for each of the interim periods included within those years, on Thursday, December 4, 2025, at 5:00 p.m. ET. A live webcast ...
Moody's Ratings said that Compass Group Diversified Holdings LLC's (Compass) ratings remain on review for downgrade following the filing by operating subsidiary Lugano Holding, Inc. (Lugano) for chapter 11 bankruptcy protection on 16 November 2025. This follows Compass' disclosure of Lugano's financ...
Compass Diversified Announces Update on Lugano Subsidiary WESTPORT, Conn., Nov. 16, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI”) today announced that its subsidiary, Lugano Holding, Inc. (“Lugano”), has filed for Chapter 11 protection under the U.S. Bankruptcy Code. The filing was made under the direction of an independent special committee of Lugano’s Board of Directors, which determined that a Chapter 11 bankruptcy process represents the best path to maximize value for Lugano’s stakeholders. “We support the Lugano board’s decision to file for Chapter 11 as the bes...
Compass Diversified Announces Extension of Credit Agreement Forbearance WESTPORT, Conn., Nov. 03, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI”) announced today that its senior secured lender group has extended to November 10, 2025 the due date for CODI to publish its restated financial results for the fiscal years ended December 31, 2022, 2023 and 2024. CODI is in active conversations with its senior lender group regarding a formal forbearance extension that will provide additional time to complete the restatement process. This extension is expected to be finalized in...
ACNB Corporation Reports 2025 Third Quarter Financial Results GETTYSBURG, Pa., Oct. 23, 2025 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB) (“ACNB” or the “Corporation”), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced net income of $14.9 million, or $1.42 diluted earnings per share, for the three months ended September 30, 2025 compared to net income of $7.2 million, or $0.84 diluted earnings per share, for the three months ended September 30, 2024 and compared to net income of $11.6 million, or $1.11 diluted earnings per share, for the three mon...
ACNB Corporation Announces Fourth Quarter Cash Dividend GETTYSBURG, Pa., Oct. 22, 2025 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved and declared a regular quarterly cash dividend of $0.38 per share of ACNB Corporation common stock payable on December 15, 2025, to shareholders of record as of December 1, 2025. This per share amount reflects a 11.8% increase, or $0.04, over the prior quarter’s cash dividend of $0.34 per share of common stock, and an 18.8% i...
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Compass Diversified Declares Third Quarter 2025 Distributions on Series A, B and C Preferred Shares WESTPORT, Conn., Oct. 02, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution for each of its three preferred share series. The Board declared a quarterly cash distribution of $0.453125 per share on the Company’s 7.250% Series A Preferred Shares (the “Series A Preferred Shares”). The distribution on the Series A ...
New York , September 2, 2025 – Moody's Ratings (Moody's) has assigned a Baa1 senior unsecured debt rating to The Cigna Group's (Cigna; NYSE:CI) anticipated issuance of senior unsecured debt, due in 2030, 2032, 2036 and 2056. Net proceeds from the offering will be used to repay $2.0 billion of loans ...
Compass Diversified Announces Extended Forbearance WESTPORT, Conn., July 28, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) ("CODI" or the “Company”) announced today that on July 25, 2025, the Company and its lender group entered into a second forbearance agreement, extending the prior forbearance period until October 24, 2025. CODI’s lenders have further increased the amount of availability on the Company's $100 million revolving credit facility, increasing it from $40 million to $60 million during the forbearance period. CODI originally entered into a forbearance agreement w...
ACNB Corporation Reports 2025 Second Quarter Financial Results GETTYSBURG, Pa., July 24, 2025 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB) (“ACNB” or the “Corporation”), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced net income of $11.6 million, or $1.11 diluted earnings per share, for the three months ended June 30, 2025 compared to net income of $11.3 million, or $1.32 diluted earnings per share, for the three months ended June 30, 2024 and compared to net loss of $272 thousand, or $0.03 diluted loss per share, for the three months ended Marc...
ACNB Corporation Announces Third Quarter Cash Dividend GETTYSBURG, Pa., July 24, 2025 (GLOBE NEWSWIRE) -- ACNB Corporation (NASDAQ: ACNB), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved and declared a regular quarterly cash dividend of $0.34 per share of ACNB Corporation common stock payable on September 15, 2025, to shareholders of record as of September 1, 2025. This per share amount reflects a 6.3% increase over the $0.32 per share paid in the third quarter of 2025. ACNB Corporation, headquartered in Gett...
Compass Diversified Declares Second Quarter 2025 Distributions on Series A, B and C Preferred Shares WESTPORT, Conn., July 02, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI” or the “Company”), an owner of leading middle market businesses, announced today that its Board of Directors (the “Board”) has declared a quarterly cash distribution for each of its three preferred share series. This announcement underscores that in the wake of its ongoing investigation of Lugano, the Company’s diversified business model supports its continued ability to generate strong cash flow. ...
Compass Diversified Provides an Update on its Financial Statements Amid the Ongoing Investigation into Lugano Holding, Inc. WESTPORT, Conn., June 25, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI”) today disclosed non-reliance on its financial statements for fiscal years 2022 and 2023 amid an ongoing investigation into its subsidiary Lugano Holding, Inc. (“Lugano”). This follows CODI’s May 7 disclosure concerning non-reliance on its 2024 financial statements. As previously disclosed, the investigation has preliminarily identified irregularities in Lugano’s financing, ac...
ACNB Corporation Announces Common Stock Repurchase Program GETTYSBURG, Pa., June 18, 2025 (GLOBE NEWSWIRE) -- ACNB Corporation (“ACNB”) (NASDAQ: ACNB), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved a new plan to repurchase, in open market transactions at prevailing market prices, up to 314,000, or approximately 3.0%, of the outstanding shares of ACNB’s common stock. The amount and timing of any shares repurchased will be evaluated and determined by management in its discretion and will depend upon a number o...
Compass Diversified Takes Action to Improve its Financial Position in Response to Investigation into Lugano Holding, Inc. Entered into Forbearance Agreement with Lender Group Reduced Management Fees Suspended Quarterly Distribution on Common Shares Received Notice of Late Filing from NYSE WESTPORT, Conn., May 27, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI”) today provided an update on steps it is taking to enhance liquidity and reduce costs in the wake of its announcement that it is investigating, and has preliminarily identified irregularities in, the financing,...
Moody's Ratings (Moody's) placed Compass Group Diversified Holdings LLC's (Compass) ratings under review for downgrade, including the Ba3 Corporate Family Rating (CFR); Ba3-PD Probability of Default Rating (PDR), and the B1 rating on the company's senior unsecured notes. Previously, the outlook was ...
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