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Proficient Auto Logistics Announces Pricing of $75 Million Convertible Bond Offering

Proficient Auto Logistics Announces Pricing of $75 Million Convertible Bond Offering

JACKSONVILLE, Fla., Aug. 11, 2026 (GLOBE NEWSWIRE) -- Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company” or “Proficient”), a leading provider of auto transportation and logistics services, today announced the pricing of its previously announced offering of $75.0 million aggregate principal amount of convertible senior notes due 2033 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be “qualified institutional buyers” in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”). The issuance and sale of the notes are expected to settle on August 13, 2026, subject to customary closing conditions.

Proficient Auto Logistics, Inc. (PAL) Q2 2026 Earnings Call Transcript

Proficient Auto Logistics, Inc. (PAL) Q2 2026 Earnings Call Transcript

Proficient Auto Logistics, Inc. (PAL) Q2 2026 Earnings Call Transcript

Proficient Auto Logistics Q2 Earnings Call Highlights

Proficient Auto Logistics Q2 Earnings Call Highlights

Proficient Auto Logistics NASDAQ: PAL reported lower second-quarter revenue and adjusted EBITDA from a year earlier, while management said operating trends improved sequentially through the quarter and announced a definitive agreement to acquire Hansen & Adkins.

Proficient Auto Logistics, Inc. (PAL) Reports Break-Even Earnings for Q2

Proficient Auto Logistics, Inc. (PAL) Reports Break-Even Earnings for Q2

Proficient Auto Logistics, Inc. (PAL) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of $0.06. This compares to earnings of $0.07 per share a year ago.

Earnings Preview: Proficient Auto Logistics, Inc. (PAL) Q2 Earnings Expected to Decline

Earnings Preview: Proficient Auto Logistics, Inc. (PAL) Q2 Earnings Expected to Decline

Proficient Auto Logistics, Inc. (PAL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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Proficient Auto Logistics Announces Pricing of $75 Million Convertible Bond Offering

Proficient Auto Logistics Announces Pricing of $75 Million Convertible Bond Offering

JACKSONVILLE, Fla., Aug. 11, 2026 (GLOBE NEWSWIRE) -- Proficient Auto Logistics, Inc. (NASDAQ: PAL) (the “Company” or “Proficient”), a leading provider of auto transportation and logistics services, today announced the pricing of its previously announced offering of $75.0 million aggregate principal amount of convertible senior notes due 2033 (the “notes”) in a private offering (the “offering”) to persons reasonably believed to be “qualified institutional buyers” in reliance on the exemption from registration provided by Section 4(a)(2) of the Securities Act of 1933, as amended (the “Securities Act”). The issuance and sale of the notes are expected to settle on August 13, 2026, subject to customary closing conditions.