CONTROLS AND PROCEDURES
−Removed: As of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rule 15d-15(e) of the Securities Exchange Act of 1934 (the
−Removed: “Exchange Act”).
+Added: As of the end of the period covered by this report, we carried out an evaluation, under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer, of the effectiveness of the design and operation of our disclosure controls and procedures, as defined in Rule 15d-15(e) of the Securities Exchange Act of 1934 (the “Exchange Act”).
Our disclosure controls and procedures are designed to provide reasonable assurance of achieving the desired control objectives.
Based upon that evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures are effective at a reasonable assurance level in enabling us to record, process, summarize and report information required to be included in our periodic filings with the SEC within the required time period and that such information is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow timely decisions regarding required disclosure.
−Removed: Due to the January 27, 2026 acquisition date of FirstFleet, management excluded the internal control over financial reporting of FirstFleet from the scope of the assessment of the effectiveness of our disclosure controls and procedures.
+Added: As previously disclosed, we completed the acquisition of FirstFleet on January 27, 2026.
+Added: Management has excluded the internal control over financial reporting of FirstFleet from the scope of the assessment of the effectiveness of our disclosure controls and procedures.
This exclusion is in accordance with the SEC's general guidance that an assessment of the effectiveness of internal control over financial reporting of a recently acquired business may be omitted from management's scope in the year of acquisition.
−Removed: Since the date of acquisition, FirstFleet's financial results are included in our consolidated financial statements and constituted approximately $409.2 million of total assets as of March 31, 2026 and $107.9 million of revenues for the quarter then ended.
−Removed: As a result of the acquisition of FirstFleet, management has implemented internal controls over financial reporting to include the consolidation of FirstFleet, as well as acquisition-related accounting and disclosures.
−Removed: The acquisition of FirstFleet represents a material change in internal control over financial reporting, as FirstFleet utilizes separate information, accounting systems and processes.
−Removed: Management, under the supervision of and with the participation of our Chief Executive Officer and Chief Financial Officer, concluded that, except as described above, no changes in our internal control over financial reporting occurred during our most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
+Added: Management continues to execute its integration plan, which includes evaluating and implementing corporate-level internal controls over FirstFleet’s separate information systems, accounting systems and operational processes.
+Added: Since the date of acquisition, FirstFleet's financial results have been included in our consolidated financial statements and constituted approximately $413.2 million of total assets as of June 30, 2026, and $169.1 million and $277.0 million of revenues for the three and six months ended June 30, 2026, respectively.
+Added: Management, under the supervision of and with the participation of our Chief Executive Officer and Chief Financial Officer, concluded that, except for our ongoing integration activities related to the FirstFleet acquisition described above, no changes in our internal control over financial reporting occurred during our most recent fiscal quarter that have materially affected, or are reasonably likely to materially affect, our internal control over financial reporting.
We have confidence in our internal controls and procedures.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.