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Karma Automotive, California’s First and Only Ultra-Luxury Automaker, Stakes its Claim at Monterey Car Week with a New Portfolio Forged by the American Spirit and Breakthrough Technological Innovation

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Kaveya Super-Coupe Exudes Exceptional Levels of Customization as Global Premiere of “GT-UV” Design Study Takes Multi-Terrain Capability in a Bold New Direction

PEBBLE BEACH, Calif., July 22, 2024 /PRNewswire/ — Perhaps no location greater epitomizes the grandeur of California, making Monterey Car Week the ideal stage and moment for Karma Automotive to clearly state its intentions: to become the first American ultra-luxury automaker since the departure of the greats — Auburn, Duesenberg, Packard and Pierce-Arrow — in the late1930s.

Karma Automotive’s itinerary at Monterey Car Week commences at “The Quail, A Motorsports Gathering” on Friday, August 16, at 10am, when the company will reveal the production-ready interior of the striking Karma Kaveya super-coupe; together with the Global Premiere of the “GT-UV” Design Study (name to be announced), which creates a new vehicle segment to be occupied by Karma alone. The stunning Karma Gyesera four-seater will join Kaveya and the “GT-UV” on the Karma Automotive stand at The Quail.

On Saturday, August 17, at the Monterey Motorsports Festival at the Monterey County Fairgrounds, the Karma Kaveya will be shown alongside the 3rd Generation Karma Revero, which features a trailblazing E-REV (Extended Range Electric Vehicle) powertrain that seamlessly blends electric and ICE power, delivering both impressive range and exhilarating performance.

On Sunday, August 18, at the 73rd Pebble Beach Concours d’Elegance, the Karma Kaveya will grace the Concept Lawn concurrent with the Concours taking place on the Pebble Beach Golf Links Hole 18 Fairway. Preceding these events on Thursday, August 15, Karma Automotive President Marques McCammon will host a private evening reception for its valued clients at an undisclosed location.

Moreover, beyond the beauty of its cars alone, Karma will continue to share insights to its intellect, innovation, and capability which further certify its entry to the ultra-luxury pantheon, with additional press announcements to follow as Monterey Car Week approaches.

Exceptional Personalization and Customization
“Every Karma we build will be shaped to fit the person who is driving it, owning it, and loving it,” says Marques McCammon, President, Karma Automotive. “We’re going to show the world how we create experiences on a very personal level, and those experiences will manifest in the way the cars look, drive and feel, and also in the technology we offer.”

The 3rd Generation Karma Revero, which begins delivering to clients in the 4th Quarter of this year, will be the first production vehicle to demonstrate the company’s highly curated approach to personalization. The public’s first glimpse of that capability is revealed with the Karma Kaveya’s production-ready interior, which makes its Global Premiere at Monterey Car Week.

Global Premiere: Karma Kaveya with Production-Ready Interior
Presently undergoing development testing and anticipated for 2026, the Karma Kaveya is draped in carbon fiber bodywork with butterfly doors, offering up to 1,000 HP of pure electric power with estimated pricing from $300,000 (USD). At Monterey Car Week, the Kaveya’s production-ready interior breaks cover, demonstrating the company’s fastidious attention to detail and exceptional capability for personalization.

The central hallmark of Karma Automotive’s new design language is the Comet Line, which forms a wake from the Kaveya’s nose through its bonnet, enshrouding its cockpit then tapering downwards to its conclusion through the butterfly doors, capturing an aura akin to a stealth jet. Its interior, evocative of spaceflight, is built to suit each client’s every demand in concert with Karma Design, and Kaveya’s interior atmosphere will benefit from the first-ever in-car audio system by luxury audio brand, Master & Dynamic.

The interior of the Karma Kaveya as specified for its Global Premiere draws inspiration from Alchemy; the interaction of interior surfaces and textural contrasts between gloss black, suede and leather, punctuated by metallic elements that quietly shimmer orange and blue, as if fired in a kiln. Midnight blue leather produced in partnership with Bridge of Weir conjures the vastness of outer space, completing a cohesive narrative from the Kaveya’s exterior Comet Line and “Interstellar Silver” paintwork through to its interior. Non-essential displays remain hidden until summoned, following a “reductionary” approach that enables the driver to remain focused on the pleasure of driving.

Global Premiere: Karma “GT-UV” Design Study
With its name and further details to be confirmed following the Global Premiere, the Design Study establishes a new segment of multi-terrain capable vehicle, the “GT-UV,” or Grand Touring Utility Vehicle. Its signature Comet Line draws exotic proportions, projecting an otherworldly boldness to deliver a dramatic four-seater concept unseen before in the ultra-luxury segment, or anywhere else.

Please stay tuned as more news continues to be released detailing Karma Automotive at Monterey Car Week.

About Karma Automotive
Karma Automotive is California’s first and only ultra-luxury automaker, manufacturing electric and E-REV (Extended Range Electric Vehicles) at its production facility in Moreno Valley, CA, with its executive and design headquarters in nearby Irvine, CA. The Karma portfolio embodies California’s spirit of innovation and entrepreneurial boldness, reflected by the signature Comet Line which is the central hallmark of Karma’s new design language. The 3rd Generation Karma Revero sport sedan, the world’s first luxury plug-in hybrid, will be introduced in 4th Quarter 2024, offering luxury balanced with conscientiousness delivered without compromise. The Gyesera four-seater is anticipated in 2025, and in 2026, the Karma Kaveya super-coupe, with up to 1,000 horsepower and butterfly-doors, will arrive. Karma Automotive’s dealer network spans North America, Europe, South America and the Middle East.

(www.karmaautomotive.com)
Media Contact:
Joe Richardson, (917) 716-6617
Joe@BeautifulNoisePR.com

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SOURCE Karma Automotive

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Kratos Capital Announces Acquisition of Weldon Services by Upchurch Services, LLC

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This acquisition strengthens Upchurch’s market position while unlocking new growth potential for Weldon Services.

DALLAS, Sept. 27, 2024 /PRNewswire-PRWeb/ — Kratos Capital, a leading mergers and acquisitions advisor for privately held, middle-market businesses, is pleased to announce the successful acquisition of Weldon Services by Upchurch Services, LLC, a portfolio company of Broadwing Capital. This strategic acquisition allows Upchurch Services, LLC to enter the highly sought-after Dallas/Fort Worth Metropolitan Statistical Area (MSA), expanding their market presence and service capabilities. The deal was closed on September 12, 2024.

Weldon Services, known for providing exceptional mechanical, electrical, and plumbing (MEP) services across Dallas and Ft. Worth, brings decades of expertise and a strong client base. By joining forces with Upchurch Services, LLC, a prominent provider of specialty contracting services backed by Broadwing Capital, both companies are poised for significant growth.

This acquisition provides Upchurch with an important foothold in the Dallas/Fort Worth MSA, one of the fastest-growing metropolitan areas in the country. The region offers significant opportunities for expansion in commercial and residential markets, and the addition of Weldon Services’ capabilities further strengthens Upchurch’s service offerings in mechanical and electrical contracting.

Kratos Capital, a trusted name in managing complex M&A transactions, facilitated the deal, ensuring a seamless integration of Weldon Services into the Upchurch portfolio. The partnership between Weldon Services and Upchurch Services, LLC is expected to create new opportunities for both companies while enhancing their ability to deliver top-tier services to clients in the region.

Additional information regarding Kratos Capital, its M&A services, and previous M&A dealings can be found on the company website.

Kratos Capital is a distinguished M&A firm with over a century of combined experience in the industry, dedicated to exceeding client expectations through expertly crafted exit strategies that maximize shareholder value. Serving clients across the United States, Canada, and South America, they specialize in enhancing the sale and divestiture process using proprietary technology and a principal mentality to ensure successful and satisfying transitions.

Media Contact

Josh Bammel, Kratos Capital, 1 (214)684-9101, josh@kratoscap.comhttps://www.kratoscapital.com/

View original content to download multimedia:https://www.prweb.com/releases/kratos-capital-announces-acquisition-of-weldon-services-by-upchurch-services-llc-302259591.html

SOURCE Kratos Capital

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AT&T Declares Dividends on Common and Preferred Shares

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DALLAS, Sept. 27, 2024 /CNW/ — The board of directors today declared a quarterly dividend of $0.2775 per share on the company’s common shares, payable November 1, 2024.

Key Takeaways:

The board of directors declared a quarterly dividend of $0.2775 per share on the company’s common shares.Dividends on common stock as well as Series A and Series C preferred stock are payable on November 1, 2024.

The board of directors of AT&T (NYSE: T) today declared a quarterly dividend of $0.2775 per share on the company’s common shares.

The board of directors also declared quarterly dividends on the company’s 5.000% Perpetual Preferred Stock, Series A and the company’s 4.750% Perpetual Preferred Stock, Series C. The Series A dividend is $312.50 per preferred share, or $0.3125 per depositary share. The Series C dividend is $296.875 per preferred share, or $0.296875 per depositary share.

Dividends on the common stock and Series A and Series C preferred stock are payable on November 1, 2024, to stockholders of record of the respective shares at the close of business on October 10, 2024.

About AT&T

We help more than 100 million U.S. families, friends and neighbors, plus nearly 2.5 million businesses, connect to greater possibility. From the first phone call 140+ years ago to our 5G wireless and multi-gig internet offerings today, we @ATT innovate to improve lives. For more information about AT&T Inc. (NYSE:T), please visit us at about.att.com. Investors can learn more at investors.att.com

 

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SOURCE AT&T

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Renal Support Network to Host 31st Annual Kidney Disease Education and Lifestyle Meeting Virtually

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Hope Week 2024 Offers Five Days of Inspiration, Education, and Support for People Living with Kidney Disease, Their Families, and Healthcare Professionals

GLENDALE, Calif., Sept. 27, 2024 /PRNewswire-PRWeb/ — Renal Support Network (RSN) will host its 31st Annual Kidney Disease Education and Lifestyle Meeting from October 9th-13th, 2024. For over three decades, RSN has hosted this highly regarded event, providing education, resources, and support for people living with kidney disease, their families, and healthcare professionals. This event, aptly named Hope Week, will continue this tradition with a focus on fostering hope and empowerment for those affected by kidney disease.

RSN Founder/ President Lori Hartwell reflects, “Fear arises from a lack of understanding, and loneliness can be eased by connecting with a community that truly understands what you’re going through. Hope Week addresses these challenges. Knowledge and confidence in navigating care is within reach.”

Each day of the event will center on a different stage or aspect of chronic kidney disease (CKD), covering topics such as diagnosis, dialysis, kidney transplant, and daily lifestyle challenges. Esteemed healthcare professionals, along with those from within the kidney community who have learned to thrive in spite of having kidney disease, will share their expertise, advice, and personal stories, offering valuable insight into living and thriving with CKD.

RSN remains committed to equitable access to information and resources, ensuring that no individual faces barriers to participation. By utilizing a virtual platform, the meeting allows those who may face physical, geographic, or financial constraints to engage fully in the event.

Hope Week provides not only education but also inspiration and a chance to connect with a supportive community of people who have been there. It’s a unique opportunity to hear firsthand from those who have walked the path and to learn about the latest advancements in kidney care.

RSN Founder and President Lori Hartwell reflects, “Throughout my journey—marked by more than 50 surgeries, 13 years on dialysis, and four kidney transplants—I’ve faced some of life’s toughest lessons. These were not the lessons you learn in school, but ones born from personal experience. I know many of my peers share the same fears and feelings of isolation that I’ve experienced. Fear often arises from a lack of understanding, and loneliness can be eased by connecting with a community that truly understands what you’re going through. That’s exactly what Hope Week provides: five days of inspiration and education designed to address these challenges. One of the cornerstones of RSN is the motto, ‘an illness is too demanding when you don’t have hope’, and Hope Week is here to remind everyone that connection, knowledge and confidence in navigating care is within reach.”

Key Event Highlights:

There are no fees to attend.

Free Gift for Attending: All attendees receive a complimentary gift from RSN.

The event starts later in the afternoon on the weekdays so that people who work can attend.

Daily Focused Sessions: Each day will highlight a different stage or aspect of CKD, including topics such as diagnosis, dialysis, kidney transplants, and the management of daily lifestyle issues.

Expert Speakers and Panelists: Renowned healthcare professionals and experts from the kidney community will offer advice and discuss the latest developments in kidney care.

Patient and Caregiver Stories: Attendees will have the opportunity to hear inspiring personal stories from patients and caregivers who have firsthand experience managing CKD.

Interactive Q&A Sessions: Participants will be able to engage directly with speakers and panelists, asking questions and gaining insight into various aspects of kidney disease management.

Access for All: The virtual platform ensures that individuals from across the globe can participate, regardless of their location or circumstances.

Networking and Support: Hope Week will also feature opportunities to connect with others who are experiencing similar challenges, creating a supportive and uplifting environment.

Youth and Family Day: Parents share their tips for coping with challenges of a busy family life and young adults share their stories about transitioning to adulthood, finding independence, a career, dating and school.

Lifestyle Expo: Explore virtual booths featuring kidney-friendly products, services, and resources.

To see the full agenda and to register go to RSNHope.org/HopeWeek.

RSN would like to thank our 2024 Hope Week sponsors: Akebia, Amgen, Alexion, Ardelyx, AstraZeneca and U.S. Renal Care.

The Renal Support Network is a Registered 501(c)(3) Non-profit and serve people throughout the United States.

Lori Hartwell founded Renal Support Network in 1993 to empower people who have kidney disease to become knowledgeable about their illness, proactive in their care, hopeful about their future and make friendships that last a lifetime. Lori suffered kidney failure at the age of two, survived 50+ surgeries and 13 years of dialysis, and is now living with her fourth kidney transplant.

RSN’s hopeful and life-enriching, non-medical programs help people who have kidney disease and their families, whether they are in the early stages of the disease, are on dialysis, or have received a transplant. www.RSNhope.org.

Media Contact

Suzette Maffi, Renal Support Network, 1 (818) 543-0896, Info@RSNhope.org, https://www.rsnhope.org/

View original content to download multimedia:https://www.prweb.com/releases/renal-support-network-to-host-31st-annual-kidney-disease-education-and-lifestyle-meeting-virtually-302259594.html

SOURCE Renal Support Network

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