GPGI, Inc.

GPGI, Inc. has completed its reincorporation from the State of Delaware to the State of Nevada, effective June 5, 2026. This change means the company's affairs are now governed by Nevada law, its new articles of incorporation, and bylaws. The reincorporation did not impact the company's headquarters, business operations, management, assets, or liabilities, and its stock continues to trade on the NYSE under "GPGI".

GPGI, Inc. announced the appointments of Mohammad Kanaan as Chief Financial Officer and Karen Stone as Chief Human Resources Officer for its Husky Technologies business. Mr. Kanaan will join on June 8, 2026, and Ms. Stone on June 22, 2026. These strategic hires are intended to bolster Husky's leadership team with extensive financial and human resources expertise, reinforcing GPGI's commitment to accelerating Husky's growth strategy and cultural transformation.

GPGI, Inc. reported a net loss of $(235.0) million for Q1 2026, a significant decline from a net income of $21.5 million in Q1 2025. Net sales were $0.0 million, down from $59.8 million year-over-year, as the company's operating businesses, including the recently acquired Husky Technologies Limited, are now accounted for under the equity method. The Husky acquisition, valued at approximately $4.976 billion, completed on January 12, 2026, fundamentally transformed GPGI into a permanent capital platform.

GPGI, Inc. announced its financial results for the first quarter ended March 31, 2026, reporting Pro Forma Adjusted Net Sales of $421.2 million, a 3% increase, and Pro Forma Adjusted EBITDA of $82.1 million, a 16% decrease. While CompoSecure achieved record sales, Husky Technologies was negatively impacted by unexpected market headwinds due to oil and resin price volatility and tariff uncertainty. The company also declared a quarterly cash dividend of $0.0025 per share and revised its full-year 2026 guidance.

GPGI, Inc. announced its first quarter 2026 financial results, reporting Pro Forma Adjusted Net Sales of $421.2 million, a 3% increase, but a GAAP Net Loss of $235.0 million. Pro Forma Adjusted EBITDA decreased 16% to $82.1 million, with a margin of 19.5%. While CompoSecure achieved record sales, Husky Technologies was impacted by unexpected market headwinds due to oil and resin price volatility and tariff uncertainty. The company provided Q2 2026 guidance for Adjusted Net Sales of $425-$475 million and Adjusted EBITDA of $105-$120 million, along with full-year 2026 outlook.

GPGI, Inc. announced its Annual Meeting of Stockholders will be held virtually on June 11, 2026, at 10:00 a.m. Eastern Time. Stockholders of record as of April 15, 2026, are entitled to vote on four key proposals. These include the election of four Class II directors, an advisory vote on 2025 executive compensation, an advisory vote on the frequency of future Say-on-Pay votes, and the ratification of Ernst & Young LLP as the independent auditor for 2026. The Board unanimously recommends voting "FOR" proposals 1, 2, and 4, and "ONE YEAR" for proposal 3.