On August 25, 2026, Cerence Inc. entered into privately negotiated transactions to repurchase $10 million aggregate principal amount of its 1.50% Convertible Senior Notes due 2028 at a cash price of 92.75% of the principal amount, plus accrued and unpaid interest. The company intends to cancel the repurchased notes. Cerence Inc. operates in the artificial intelligence industry, providing voice AI solutions for automotive and enterprise markets.

Cerence Inc. reported third-quarter fiscal 2026 results for the period ended June 30, 2026, with revenue of $69.6 million and GAAP net income of $1.5 million. Adjusted EBITDA reached $13.5 million, a 50% increase year-over-year, while operating cash flow was $20 million. The company also announced its first-ever stock repurchase program, authorizing the Board to purchase up to $30 million of common stock beginning August 10, 2026. Cerence Inc. operates in the automotive technology industry, providing conversational AI-powered user experiences and connected services for vehicles.

Marcy Klevorn notified the Board of Directors of her decision to resign from the Board effective July 1, 2026, for personal reasons. Her resignation was not due to any disagreement with the company regarding operations, policies, practices, accounting, or financial statements. Ms. Klevorn served on the Compensation Committee and the Nominating and Governance Committee. Cerence Inc. provides AI-powered automotive assistants and software for the automotive industry.