Tag: cybersecurity

Momentum accelerates with $1.5 million in revenue for H1 2025 and an order backlog of $1.6 million as of June 30, bringing the combined total to $3.1 million — already approaching full-year 2024 revenue, as new sales continue to ramp in the second half of 2025

Progress on share buyback programme

MALVERN, Pa., Aug. 11, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) (the “Company” or “CubeSmart”), the third-largest owner and operator of self-storage properties in the United States, today announced that its operating partnership, CubeSmart, L.P. (the “Operating Partnership”), priced an offering of $450.0 million aggregate principal amount of 5.125% senior unsecured notes due 2035 (the “Notes”) in an underwritten public offering. The Notes were priced at 98.656% of the principal amount with a yield to maturity of 5.295%. The Notes will be fully and unconditionally guaranteed by CubeSmart. The offering is expected to close on August 20, 2025, subject to the satisfaction of customary closing conditions.

Posts Positive Organic Growth and Adjusted EBITDA^‎1 of 23.5% of Revenue

PITTSBURGH, Aug. 11, 2025 (GLOBE NEWSWIRE) -- PhyNet Dermatology LLC (“PhyNet”) recently announced a cybersecurity incident involving its affiliate Total Vein & Skin, LLC d/b/a Premier Dermatology Partners (“TVS”), which impacted the personal information of an unknown number of individuals.¹ The information potentially impacted in the data breach includes individuals’ names, addresses, Social Security number, financial account information, date of birth, medical history information, treatment information, diagnosis information, treating physician, medical record number, and health insurance information.

Management Changes Focused on Enhancing Strategic Execution and Effective Operations