BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: TreeHouse Foods Inc. (NYSE - THS), Movano Inc. (Nasdaq - MOVE), Gulf Island Inc. (Nasdaq - GIFI), TEGNA Inc. (NYSE - TGNA)

BALA CYNWYD, Pa., Nov. 10, 2025 (GLOBE NEWSWIRE) -- Brodsky & Smith reminds investors of the following investigations. If you own shares and wish to discuss the investigation, contact Jason Brodsky ([email protected]) or Marc Ackerman ([email protected]) at 855-576-4847. There is no cost or financial obligation to you.

TreeHouse Foods Inc. (NYSE - THS)

Under the terms of the agreement, Tree House Foods will be acquired by Industrial F&B Investments III Inc. (“Investindustrial”) for $22.50 per share in cash for each share of common stock owned at closing, and one non-transferable Contingent Value Right (“CVR”) per common share in a transaction with a total Enterprise Value of $2.9 billion. The investigation concerns whether the TreeHouse Foods Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/treehouse-foods-inc-nyse-ths/.

Movano Inc. (Nasdaq - MOVE)

Under the terms of the agreement, Movano will be acquired by Corvex, Inc. (“Corvex”). Upon closing, pre-Merger Corvex stockholders would own approximately 96.2% of the combined company and pre-Merger Movano stockholders would own approximately 3.8% of the combined company. The investigation concerns whether the Movano Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/movano-inc-nasdaq-move/.

Gulf Island Inc. (Nasdaq - GIFI)

Under the terms of the Merger Agreement, Gulf Island will be acquired by IES Holdings, Inc. (“IES”) (Nasdaq - IESC) for $12.00 per share in cash for each share of common stock owned at closing, an aggregate equity value of approximately $192 million. The investigation concerns whether the Gulf Island Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/gulf-island-inc-nasdaq-gifi/.

TEGNA Inc. (NYSE - TGNA)

Under the terms of the Merger Agreement, TEGNA will be acquired by Nexstar Media Group, Inc. (“Nexstar”) (Nasdaq - NXST) for $22.00 per share in a cash transaction valued at $6.2 billion, inclusive of TEGNA’s net debt and estimated transaction fees and expenses. The investigation concerns whether the TEGNA Board breached its fiduciary duties to shareholders by failing to conduct a fair process, including whether the deal consideration provides fair value to the Company’s shareholders.

Additional information can be found at https://www.brodskysmith.com/cases/tegna-inc-nyse-tegna/

Brodsky & Smith is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.