Upland Software, Inc. (NASDAQ:UPLD) ("Upland" or the "Company"), a provider of enterprise intelligence that turns knowledge, content, and data into actionable AI-powered outcomes, today issued a letter to shareholders from President and Chief Executive Officer Sean Nathaniel.

Under new leadership, Upland is focusing investment on near-term, AI-powered growth opportunities where it sees clear AI tailwinds and competitive advantage, specifically in its knowledge and content automation solutions. The Company is simultaneously pursuing sharper capital allocation across the Company, driving greater efficiency to support investment behind those growth opportunities while also strengthening cash flow generation and reducing debt.