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OneStream Announces Full Exercise of Underwriters’ Option to Purchase Additional Shares in Secondary Offering of Class A Common Stock

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BIRMINGHAM, Mich., Nov. 27, 2024 /PRNewswire/ — OneStream, Inc. (“OneStream”) (Nasdaq: OS) announced today that in connection with the previously announced underwritten public offering of 15,000,000 shares of its Class A common stock, which closed on November 18, 2024, the underwriters have exercised in full their option to purchase an additional 2,250,000 shares of Class A common stock at the public offering price of $31.00 per share, less underwriting discounts and commissions. Of the additional shares, 1,351,043 shares were sold by selling stockholders and 898,957 shares were sold by OneStream as part of a non-dilutive “synthetic secondary” transaction (the “Synthetic Secondary”).

OneStream did not receive any proceeds from the sale of shares by the selling stockholders in the public offering. OneStream used all of the net proceeds to it from the public offering to purchase LLC units of OneStream Software LLC (and purchase and cancel an equal number of shares of Class C common stock) from KKR Dream Holdings LLC in the Synthetic Secondary, at a purchase price per unit equal to the public offering price per share of Class A common stock sold in the public offering, net of underwriting discounts and commissions. Accordingly, OneStream did not retain any proceeds from the public offering and, upon the closing of the public offering and the Synthetic Secondary, the total number of outstanding shares of common stock of OneStream and LLC units of OneStream Software LLC remained the same.

Morgan Stanley, J.P. Morgan and KKR acted as lead book-running managers for the offering. Citigroup, BofA Securities and Guggenheim Securities acted as book-running managers and Mizuho, Raymond James, Scotiabank, Truist Securities, BTIG, Piper Sandler, TD Cowen and Wolfe | Nomura Alliance acted as additional book-running managers for the offering. Amerivet Securities, Blaylock Van, LLC, Cabrera Capital Markets LLC, Drexel Hamilton and Loop Capital Markets acted as co-managers for the offering.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on November 14, 2024. The offering was made only by means of a prospectus. Copies of the prospectus relating to this offering may be obtained from: Morgan Stanley & Co. LLC, Prospectus Department, 180 Varick Street, New York, New York 10014, or email: prospectus@morganstanley.com; and J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, or email: prospectus-eq_fi@jpmchase.com and postsalemanualrequests@broadridge.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About OneStream

OneStream is how today’s Finance teams can go beyond just reporting on the past and Take Finance Further by steering the business to the future. It’s the leading enterprise finance platform that unifies financial and operational data, embeds AI for better decisions and productivity, and empowers the CFO to become a critical driver of business strategy and execution.

We deliver a comprehensive cloud-based platform to modernize the Office of the CFO. Our Digital Finance Cloud unifies core financial and broader operational data and processes and embeds AI for better planning and forecasting, with an extensible architecture, so customers can adopt and develop new solutions, achieving greater value as their business needs evolve.

With over 1,500 customers, including 15% of the Fortune 500, more than 250 go-to-market, implementation, and development partners and over 1,400 employees, our vision is to be the operating system for modern finance.

Disclaimer

“Wolfe | Nomura Alliance” is the marketing name used by Wolfe Research Securities and Nomura Securities International, Inc. in connection with certain equity capital markets activities conducted jointly by the firms. Both Nomura Securities International, Inc. and WR Securities, LLC are serving as underwriters in the offering described herein. In addition, WR Securities, LLC and certain of its affiliates may provide sales support services, investor feedback, investor education, and/or other independent equity research services in connection with this offering.

Investor Relations Contacts

INVESTOR CONTACT

Anne Leschin
VP, Investor Relations and Strategic Finance
OneStream
investors@onestreamsoftware.com

MEDIA CONTACT

Victoria Borges
Media Relations Contact
OneStream
media@onestreamsoftware.com

View original content:https://www.prnewswire.com/news-releases/onestream-announces-full-exercise-of-underwriters-option-to-purchase-additional-shares-in-secondary-offering-of-class-a-common-stock-302317890.html

SOURCE OneStream, Inc.

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Hyundai Motor and Kia’s Robotics LAB Announce Plans to Launch ‘X-ble Shoulder’ at Wearable Robot Tech Day

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Wearable robot ‘X-ble Shoulder’ to boost industrial efficiency and reduce musculoskeletal injuriesDesigned to assist overhead work by enhancing upper arm muscle strength, expected to find use in various industriesThe strong yet lightweight X-ble Shoulder enhances worker comfort by reducing shoulder load by 60% and muscle activity by 30%Hyundai Motor and Kia’s Robotics LAB announced commercialization plan for X-ble Shoulder, expected to begin deliveries in first half of 2025

SEOUL, South Korea, Nov. 27, 2024 /PRNewswire/ — Hyundai Motor Company and Kia Corporation have unveiled a reliable companion for industrial work, the wearable robot ‘X-ble Shoulder.’ This device, just by being worn, can increase workers’ efficiency and reduce musculoskeletal injuries. Two videos released on Hyundai Motor Group’s YouTube channel show the X-ble Shoulder in action, including product features and the development story.

Hyundai Motor and Kia unveiled the X-ble Shoulder at Wearable Robot Tech Day held at the Hyundai Motorstudio Goyang near Seoul. The X-ble brand — a combination of ‘X,’ symbolizing infinite potential, and ‘able,’ indicating that anything can be realized — heralds a new era in wearable technology.

The X-ble Shoulder, the first product in the X-ble line, is an industrial wearable robot developed by Hyundai Motor and Kia’s Robotics LAB. When used in ‘overhead work’ where the arm is raised, it can assist the user’s upper arm muscle strength and reduce the burden on the upper extremity musculoskeletal system.

The X-ble Shoulder will find use in various industries, including construction, shipbuilding, aviation and agriculture, not just automobiles. Following its domestic launch, the companies plan to gradually expand sales to overseas markets.

In addition to the X-ble Shoulder, Hyundai Motor and Kia plan to develop an industrial wearable robot ‘X-ble Waist’ to assist the waist when lifting heavy loads, and a medical wearable robot ‘X-ble MEX’ for the rehabilitation of the walking impaired.

“The X-ble Shoulder is a wearable robot that leverages the technical capabilities of the Robotics LAB and implements feedback from actual users,” said Dong Jin Hyun, Vice President and Head of Robotics LAB at Hyundai Motor and Kia. “Going forward, we aim to expand the availability of wearable robots, creating products that work naturally with users to enhance their daily lives. By pushing technological boundaries, we will make these beneficial products accessible to more people.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/hyundai-motor-and-kias-robotics-lab-announce-plans-to-launch-x-ble-shoulder-at-wearable-robot-tech-day-302317253.html

SOURCE Hyundai Motor Company; Kia Corporation

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SHEIN is launching the ULTIMATE Giftorium experience just in time for the Festive Season

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MELBOURNE, Australia, Nov. 28, 2024 /PRNewswire/ — Global fashion giant SHEIN will bring the ultimate Giftorium experience to life, right in time for the festive season.

The SHEIN Giftorium will arrive at Oz Comic-Con Melbourne Xmas Edition for an unmissable experience December 7-8th. On offer will be a vibrant collection of beauty, fashion, home & living products – free and redeemable through participation in various games available at the activation – alongside experiences that will showcase SHEIN’s one-stop-shop range of on-trend and affordable products perfect for Holiday gifting.

Oz Comic-Con is Australia’s premier pop culture event gathering fans of comics, movies, TV, anime, gaming, and more. A celebration of all things geek culture featuring exciting panels, cosplay competitions, and exclusive meet-and-greets with stars from the world of film, TV, and gaming.

Oz Comic-Con Melbourne Xmas attendees can immerse themselves in a range of SHEIN gifting essentials; Jewellery & Accessories, Home & Living, Office & School Supplies, Toys & Games, and Beauty & Health throughout the SHEIN Giftorium. As well as SHEGLAM being a hero moment.

“Our SHEIN Giftorium experience at Oz Comic-Con will provide attendees the unique experience of selecting their favourite items and festive gifts, whether for themselves or loved ones, through engaging and interactive experiences,” said a SHEIN Spokesperson.

“Our aim is to connect face-to-face with consumers, with no sales functions taking place at the event itself, the goal is to engage directly with attendees and showcase our range of ultimate Christmas gifting.

“But the experience doesn’t end there – on display will be a select range of key items as a part of the Giftoirum event, however, online is where all our Australian customers can look to dive into the full range available across SHEIN for festive gifting.

“Our customers will find everything under the sun related to fashion and lifestyle, all at cost-effective prices. With an easy shopping process including free returns, customers can shop efficiently from anywhere,” said a SHEIN spokesperson.

With unstoppable style and unbeatable fits, the SHEIN Giftorum experience continues online with a wide product range spanning fashion & beauty, home & lifestyle, accessories, kids, toys & games, electronics & tech accessories, office & school supplies – and so much more.

The extensive range ensures that Aussies can find something special for everyone on the list, making holiday shopping a breeze. Embrace the convenience and variety SHEIN offers and make this Christmas memorable with gifts that delight and inspire.

SHEIN Giftorium at Oz Comic-Con Melbourne Xmas Edition December 7-8, Melbourne Convention & Exhibition Centre: ozcomiccon.com/melbourne-xmas-edition/*

Shop SHEIN for Holiday gift guide ideas: https://au.shein.com/

View original content:https://www.prnewswire.com/apac/news-releases/shein-is-launching-the-ultimate-giftorium-experience-just-in-time-for-the-festive-season-302317926.html

SOURCE SHEIN

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Appian Announces 2024 APJ Partner Award Winners

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Recognising WNS-Vuram, Deloitte, Cognizant, KPMG, Accenture, and Via Appia for delivering process excellence

SYDNEY, Nov. 28, 2024 /PRNewswire/ — Appian (Nasdaq: APPN) today unveiled the recipients of its 2024 Asia-Pacific and Japan (APJ) Partner Awards, recognising industry excellence across six categories. The awards celebrate high-impact and committed partners who have contributed to growth in customer engagements. In addition, winners have delivered transformational value with the Appian Platform. This year’s winners have created world-class solutions and services across industries and represent another strong year for Appian’s partnership network.

“We are thrilled to celebrate our partners and the significant role they play in transforming businesses across APJ,” said Steve Gillett, Regional Vice President, APJ Alliances at Appian. “The Appian Partner Awards highlight the tremendous impact our partners have on organisations in the region, showcasing their expertise and dedication. These partners have shown unwavering commitment to deliver outstanding value to our shared customers.”

The annual APJ Partner Awards celebrate strategic partners who exemplify leadership in driving transformation with Appian. These awards honour partners who are not only expanding Appian’s reach but also setting new benchmarks for delivering impactful solutions across the region. This year’s winners were announced at Appian’s 2024 Partner Celebration Event in Sydney.

Delivery Award Winner: WNS-Vuram
WNS-Vuram has developed many customer solutions with speed, precision, and quality. This is reflected in their remarkable growth in the region, including significant expansions within the insurance and logistics sectors, as well as their impressive CSAT score of 9.3/10. With a robust team of certified developers, WNS-Vuram remains the largest delivery partner across APJ, seamlessly executing projects and ensuring superior, client-centric outcomes.

Growth Award Winner: Deloitte
Deloitte Australia has shown exceptional commitment to accelerating Appian’s growth through strategic investments with a dedicated alliance structure and industry expertise. Driven by strong executive support and a focused vision, Deloitte has quickly built and expanded its Appian practice. The firm has established the platform as a foundational technology for transformation initiatives in the public sector, financial services, energy, and other key industries. With a dedicated alliance lead and experienced partner leads in place, Deloitte has collaborated closely with Appian to develop go-to-market strategies that identify new growth opportunities and expand Appian’s reach across Australia.

Innovation Award Winner: Cognizant
Cognizant has distinguished itself as an innovation leader by embracing a forward-thinking, customer-centric approach to expanding Appian’s reach. A key element of Cognizant’s approach is their “Agility Layer” go-to-market campaign, reinforcing Appian’s reputation as a highly adaptable platform to help organisations quickly adjust to evolving business demands. Additionally, Cognizant’s specialised grants management Appian solution showcases its technical expertise and vision for solving industry-specific challenges, particularly in the government and public sectors.

Transformation Award Winner: KPMG
KPMG has been an exceptional leader in driving transformational change by integrating Appian into its core methodologies, specifically within the “Connected Enterprise” and “Powered Transformation” go-to-market strategies. By positioning Appian as a key enabling technology, KPMG has empowered organisations to streamline processes and enhance agility to help customers achieve faster, more sustainable outcomes.

Value Award Winner: Accenture
Accenture has played a pivotal role in driving Appian adoption for enterprise-scale digital transformation. Accenture has supported significant wins across key sectors and delivered transformative outcomes in financial services, insurance, and the public sector. Committed to furthering this success, Accenture has set an ambitious goal to double its Appian business in FY25, with plans to expand its delivery team to meet growing demand.

Channel Partner of the Year Award Winner: Via Appia
Via Appia has shown its dedication to expanding Appian’s presence across the APJ region, delivering solutions that consistently meet and exceed client expectations while driving impactful results. By leveraging deep expertise and a customer-centric approach, Via Appia has built a trusted reputation as a go-to partner, fostering long-term client relationships that amplify Appian’s impact in the region.

About Appian
Appian is a software company that orchestrates business processes. The Appian Platform empowers leaders to design, automate, and optimize important processes from start to finish. With our industry-leading platform and commitment to customer success, Appian is trusted by top organizations to drive transformational process change. For more information, visit appian.com. [Nasdaq: APPN]

Follow Appian on LinkedIn and X (formerly Twitter).

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View original content:https://www.prnewswire.com/apac/news-releases/appian-announces-2024-apj-partner-award-winners-302317927.html

SOURCE Appian

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