Item 7.01 Regulation FD Disclosure.
On May 5, 2026, Michael Reed, Chief Executive Officer of USA TODAY Co., Inc. (the "Company"), during an investor call, characterized amounts as estimated damages in relation to the Company's ongoing litigation with Google instead of characterizing such amounts as Google's interference with the Company's revenues. The Company clarifies that it has not publicly disclosed, reported, or quantified any estimate of damages in connection with this litigation. However, consistent with the frequently asked questions and responses regarding the action that are posted on the Company's website and filed with the Securities and Exchange Commission, we continue to believe that Google has interfered with billions of dollars in revenue over billions of ad auctions and we anticipate very substantial damages, even before the automatic trebling provided by U.S. antitrust law. Those estimations come directly from Google documents, when Google was studying how badly it was harming publishers.
The information furnished pursuant to this Current Report on Form 8-K shall not be considered "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into any filing by the Company under the Securities Act of 1933, as amended, or under the Securities Exchange Act of 1934, as amended, unless the Company expressly sets forth by specific reference in such filing that such information is to be considered "filed" or incorporated by reference therein.