Thryv Holdings, Inc. (THRY): Entry into a Material Definitive Agreement

Thryv Holdings Inc shares fell 35.6% to $2.75 after the company reported Q2 2026 results before the open. Thryv posted an adjusted loss of $0.38 per share versus a $0.10 consensus and revenue of $150.7 million versus about $146 million. The company also cut full-year SaaS guidance and announced $55-60 million annualized cost savings.

Thryv Holdings, Inc. (THRY) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Thryv Reports Second Quarter 2026 Results and Launches Thryv Growth Platform – Q2 SaaS Revenue Grows to 76% of Total Revenue – Q2 SaaS Monthly ARPU Increases 12% Year-Over-Year to $394 – Company Announces Strategic Restructuring Plan to Improve Operating Efficiencies

Microsoft announced restructuring in Xbox, cutting 268 roles. Activision will oversee Rare and World’s Edge, develop the next Halo game. Bethesda will manage Obsidian. Ninja Theory may close after divestment deals fell through. Undead Labs transitioned to a new publisher. Changes impact studio operations and game development.

Circle (NYSE:CRCL) and Binance announced a strategic partnership with a $100 million equity investment by Binance in Circle. The five-year agreement aims to expand USDC stablecoin access in emerging markets. Binance will promote USDC on its platform, while Circle will provide infrastructure support. Binance agreed not to transfer shares for up to two years.

Binance invested $100M in Circle (CRCL), extending a 5-year partnership to promote USDC in emerging markets. Binance bought Circle shares at a 5% discount. Both companies aim to expand USDC's reach and utility.

The US State Department approved a $425M sale of MH-60R Seahawk helicopters and related equipment to Denmark. Lockheed Martin and Sikorsky Corporation are the principal contractors, pending final approval.