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The business combination implies a pro forma enterprise value of approximately $1.4 billion for May Mobility Fully committed private investment in public equity (PIPE) of $120 million, including leading institutional investors Commercially proven physical AI: more than 550,000 commercial autonomous rides across 1.1 million miles and three driver-out launches in the United States to date May Mobility's multi-policy…

PHILADELPHIA, Sept. 11, 2026 /PRNewswire/ -- abrdn Income Credit Strategies Fund (NYSE: ACP) (the "Fund") announced today that it has reduced its monthly distribution from $0.0775 to $0.055 per common share, beginning with the distribution payable September 30, 2026, to shareholders of record on September 22, 2026 (ex-dividend date: September 22, 2026).

Abrdn Income Credit Strategies Fund remains a sell due to persistent earnings shortfalls and ongoing NAV erosion. ACP's 17.9% yield is unsustainable, with 42% of distributions funded by return of capital, signaling likely payout cuts ahead. The fund's high leverage (32.08%) and heavy exposure to below-investment-grade debt amplify downside risk in a challenging credit environment.