Month: September 2026

BUKIT MERTAJAM, MALAYSIA, Sept. 30, 2026 (GLOBE NEWSWIRE) — CCH Holdings Ltd (Nasdaq: CCHH) (the “Company” or “CCH”), a Malaysia-based specialty hotpot restaurant chain, today announced the subsequent closing (the “Subsequent Closing”) of its previously announced offering of a convertible promissory note (the “Note”) convertible into Class A ordinary shares of the Company, par value US$0.0001 per share (the “Shares”), and accompanying warrants (the “Warrants”), pursuant to the Securities Purchase Agreement, dated July 31, 2026 (the “Purchase Agreement”), with an institutional investor (the “Investor”). At the Subsequent Closing, the Investor delivered to the Company US$1,035,000, being the remaining US$1,150,000 of the subscription amount net of the additional discount of US$115,000 contemplated by the Purchase Agreement in respect of the second closing, and the Company issued to the Investor the remaining portion of the Note in the principal amount of US$1,250,000. Following the Subsequent Closing, the Note in the aggregate principal amount of US$2,500,000 has been issued in full, and the Company has received aggregate gross proceeds of US$2,185,000 under the Purchase Agreement. The Company elected to apply the additional discount as a reduction of the gross proceeds payable at the Subsequent Closing, and no Class A Ordinary Shares were or will be issued to the Investor in respect of such discount.

The Subsequent Closing occurred following the effectiveness of the Company’s registration statement on Form F-1 (File No. 333-298220), which was declared effective by the U.S. Securities and Exchange Commission at 4:00 p.m., Eastern Time, on September 29, 2026, and which registers the resale of the Shares issuable upon conversion of the Note and upon exercise of the Warrants and the Shares comprising the pre-delivery shares issued to the Investor at the initial closing.

As previously disclosed in Amendment No. 2 to the Company’s registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission on September 14, 2026, the Company and the Investor entered into a letter amendment agreement, dated September 11, 2026, pursuant to which, among other things, the Company’s right to reset or reduce the floor price under the Note was eliminated, the economic difference payable upon conversions of the Note below the floor price was capped by reference to the lower of the conversion-date VWAP and the applicable conversion price, and the number of Shares registered in respect of the Warrants was reduced to the 374,112 Shares issuable upon cash exercise of the Warrants in full.

This press release does not constitute an offer to sell, or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About CCH Holdings Ltd

CCHH (Nasdaq: CCHH) is a Nasdaq-listed company primarily engaged in Chicken Claypot and restaurant franchise operations. Building on its operating base and regional business network, the Company is pursuing strategic diversification opportunities in technology infrastructure, including technical consulting services and maintenance services solution for data center projects, with a particular focus on Southeast Asian markets. CCHH aims to develop a dual-engine growth model combining stable restaurant franchise operations with high-potential digital infrastructure business opportunities.

Safe Harbor Statement

This announcement contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in announcements and other written materials, and in oral statements made by its officers, directors, or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could also cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: potential adverse reactions or changes to business relationships; adverse changes in general economic or market conditions; and actions by third parties, including government agencies; the Company’s strategies, future business development, and financial condition and results of operations; the expected growth of the specialty hotpot market; the political, economic, social and legal developments in the jurisdictions that the Company operates in or in which the Company intends to expand its business and operations; the Company’s ability to maintain and enhance its brand. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this announcement is as of the date of this announcement, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For more information, please contact:

CCH Holdings Ltd
Investor Relations
Email: cch_ir@cchasia.com.my

BANGKOK, Oct. 01, 2026 (GLOBE NEWSWIRE) — NewGenIvf Group Limited (NASDAQ: NIVF) (the “Company”), a tech-forward, diversified, multi-jurisdictional high-growth entity transforming industries through innovative solutions across real estate development, digital asset management and reproductive health solutions, today announced the closing of its previously announced public offering made on a reasonable best efforts basis with gross proceeds to the Company of approximately $1.25 million, before deducting placement agent fees and other offering expenses payable by the Company.

The offering consisted of an aggregate of 17,857,143 Class A Ordinary Shares or pre-funded warrants to purchase Class A Ordinary Shares in lieu thereof (the “Pre-Funded Warrants”), comprising 125,000 Class A Ordinary Shares and Pre-Funded Warrants to purchase up to 17,732,143 Class A Ordinary Shares. The public offering price was $0.07 per Class A Ordinary Share and $0.06999 per Pre-Funded Warrant, which equals the public offering price per Class A Ordinary Share less the $0.00001 per share exercise price of the Pre-Funded Warrant. The Pre-Funded Warrants are immediately exercisable and may be exercised at any time until exercised in full.

Aggregate gross proceeds to the Company were approximately $1.25 million. The transaction closed on September 30, 2026. The Company expects to use the net proceeds from the offering, together with its existing cash, for investment in K25.ai, restructuring of debt securities, working capital including manufacturing and deployment of Nodexus machines in the cell-sorting business, and general corporate purposes.

Aegis Capital Corp. acted as the exclusive placement agent for the offering. Han Kun Law Offices LLP acted as U.S. counsel to the Company. Kaufman & Canoles, P.C. acted as U.S. counsel to Aegis Capital Corp.

A registration statement on Form F-1 (No. 333-298442) previously filed with the U.S. Securities and Exchange Commission (the “SEC”) on August 20, 2026 was declared effective by the SEC on September 28, 2026. The offering was made only by means of a prospectus. A final prospectus describing the terms of the offering has been filed with the SEC and is available on the SEC’s website located at www.sec.gov. Electronic copies of the final prospectus may be obtained by contacting Aegis Capital Corp., Attention: Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email at syndicate@aegiscap.com, or by telephone at +1 (212) 813-1010. Before investing in this offering, interested parties should read in their entirety the prospectus, which provides more information about the Company and such offering.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About NewGen

NewGenIVF Group is a technology-forward, diversified growth company, pursuing opportunities across real estate development, digital asset innovation and reproductive health solutions. The Company operates through NewGenProperty, focused on real estate development projects in the UAE’s Ras Al Khaimah Emirate; NewGenDigital, focused on digital asset and decentralized-finance solutions; and NewGenSup, focused on health and longevity products and solutions. NewGenIVF’s legacy business includes IVF and assisted reproductive treatment services across Asia. To learn more, visit www.nivf.global. Information contained on, or accessible through, the Company’s website is not incorporated by reference into this press release.

Forward-Looking Statements

The foregoing material may contain “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the securities laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

Contact

ICR, LLC
Robin Yang
Phone: +1 (212) 537-4406
Email: Newgenivf.IR@icrinc.com

GADSDEN, Ala., Sept. 30, 2026 (GLOBE NEWSWIRE) — Gates Little, President and Chief Executive Officer of The Southern Banc Company, Inc. (OTCID: SRNN), the holding company for The Southern Bank Company, announced unaudited fourth quarter and audited full-year results for the fourth quarter and year ended June 30, 2026.

For the three months ended June 30, 2026, the Company reported net income of approximately $493,000, or $0.65 per basic and $0.64 per diluted share compared to net income of approximately $140,000, or $0.18 per basic and diluted share, for the three months ended June 30, 2025. For the fiscal year ended June 30, 2026, the Company recorded net income of approximately $1,415,000, or $1.86 per basic and $1.85 per diluted share, compared to net income of approximately $915,000, or $1.20 per basic and diluted share, for the fiscal year ended June 30, 2025.

For the three months ended June 30, 2026, net interest income increased approximately $599,000, or 26.39% compared to the same period in 2025. The increase in net interest income for the three-month period was primarily attributable to an increase in interest and fees on loans in the amount of approximately $615,000, or 24.78%, and an increase in interest on securities of approximately $86,000, or 41.35%. During the period, interest on deposits decreased approximately $5,000, or 0.73%. For the three months ended June 30, 2026, the Company recorded approximately $330,000 in provision for loan losses, compared to $249,000 for the same period in 2025.

For the fiscal year ended June 30, 2026, net interest income increased approximately $1,052,000, or 11.90% compared to fiscal year 2025. The increase in net interest income for the fiscal year ended June 30, 2026, was primarily attributable to an increase in interest and fees on loans of approximately $642,000 or 6.40%, an increase in interest on securities of approximately $311,000, or 42.20%, and an increase in other interest income of approximately $149,000 or 19.33%, offset in part by an increase in interest on deposits of approximately $50,000, or 1.85% compared to fiscal year 2025. For the fiscal year ended June 30, 2026, the Company recorded approximately $471,000 in provision for loan losses compared to $790,000 in 2025.

For the three months ended June 30, 2026, non-interest income decreased approximately $48,000, or 31.17% compared to the same period in 2025. The decrease in non-interest income was primarily attributable to a decrease in miscellaneous income of approximately $47,000, or 37.90%.

For the fiscal year ended June 30, 2026, non-interest income decreased approximately $74,000, or 12.44% compared to fiscal year 2025. The decrease in non-interest income was primarily attributable to a decrease in miscellaneous income of approximately $65,000, or 13.86%, and a decrease in customer service fees of approximately $9,000, or 7.14%.

For the three months ended June 30, 2026, total non-interest expense decreased approximately $25,000, or 1.24%, compared to the same three-month period in 2025. The decrease in non-interest expense for the three-month period was primarily attributable to decreases in salaries and benefits of approximately $64,000, or 4.81%, professional services of approximately $43,000, or 20.77%, office occupancy expenses of approximately $3,000, or 3.33%, offset in part by increases in data processing expense of approximately $19,000, or 9.79% and other operating expense of approximately $64,000, or 32.32%.

For the fiscal year ending June 30, 2026, total non-interest expense increased approximately $605,000, or 8.14%, compared to fiscal year 2025. The increase in total non-interest expense for the fiscal year was primarily attributable to increases in salary and benefit expense of approximately $468,000, or 10.01%, data processing expense of approximately $60,000, or 8.02%, other operating expense of approximately $120,000, or 13.89%, offset in part by a decrease in professional services expense of approximately $40,000, or 5.18% and office occupancy expense of approximately $5,000, or 1.33%.

The Company’s total assets on June 30, 2026, were approximately $131.8 million compared to $124.0 million on June 30, 2025. Total stockholders’ equity was approximately $18.4 million, or 13.97% of assets and $16.7 million, or 13.48% of assets on June 30, 2026 and 2025, respectively. The Company’s capital position remained strong at June 30, 2026. The increase in stockholders’ equity was primarily attributable to fiscal year net income in addition to a decrease in the accumulated comprehensive losses due an improvement in the bond market.

The improvement in earnings for both the fourth quarter and fiscal year 2026 were primarily driven by higher net interest income, the result of growth in both loans receivable and securities available for sale. For the fiscal year, the Company also benefited from lower provision for loan losses, partially offset by higher salaries and employee benefits, data processing expense, and other operating expense.

The fiscal year end 2026 results include audited financial information, while the specific results for the fourth quarter of fiscal year 2026 are unaudited. The unaudited financial information for the three months ended June 30, 2026, has been prepared on the same basis as our audited financial information and includes, in the opinion of management, all adjustments necessary to present the data for such periods. The Company expects to release its full fiscal year-end 2026 financial information, including the Annual Report to Shareholders in October of 2026. Historical results are not necessarily indicative of future results. The Bank has four full-service banking offices located in Gadsden, Albertville, Guntersville, and Centre, AL, and one loan production office in Birmingham, AL. The stock of The Southern Banc Company, Inc. is listed on the OTC Basic Market under the symbol “SRNN”.

Certain statements in this release contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, which statements can generally be identified by the use of forward-looking terminology, such as “may,” “will,” “expect,” “estimate,” “anticipate,” “believe,” “target,” “plan,” “project,” “continue,” or the negatives thereof, or other variations thereon or similar terminology, and are made on the basis of management’s plans and current analyses of the Company, its business and the industry as a whole. These forward-looking statements are subject to risks and uncertainties, including, but not limited to, economic conditions, competition, interest rate sensitivity and exposure to regulatory and legislative changes. The above factors, in some cases, have affected, and in the future could affect the Company’s financial performance and could cause actual results to differ materially from those expressed or implied in such forward-looking statements, even if experience or future changes make it clear that any projected results expressed or implied therein will not be realized.

(Selected financial data attached)

THE SOUTHERN BANC COMPANY, INC. CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL CONDITION (Dollar Amounts in Thousands)
		June 30,				June 30,
		2026				2025
		(Audited)				(Audited)
ASSETS
CASH AND CASH EQUIVALENTS	$	19,184			$	25,208
SECURITIES AVAILABLE FOR SALE, at fair value		43,424				39,327
FEDERAL HOME LOAN BANK (FHLB) STOCK		133				125
LOANS RECEIVABLE, net of allowance for loan losses of $1,715 and $1,839, respectively		65,358				55,794
PREMISES AND EQUIPMENT, net		1,148				1,007
ACCRUED INTEREST AND DIVIDENDS RECEIVABLE		1,105				869
PREPAID EXPENSES AND OTHER ASSETS		1,413				1,706
TOTAL ASSETS	$	131,765			$	124,036
LIABILITIES
DEPOSITS	$	104,341			$	101,307
FHLB ADVANCES AND OTHER BORROWED MONEY		0				0
OTHER LIABILITIES		9,012				6,011
TOTAL LIABILITIES		113,353				107,318
STOCKHOLDERS’ EQUITY:
Preferred stock, par value $.01 per share 500,000 shares authorized; no shares issued and outstanding		–				–
Common stock, par value $.01 per share, 3,500,000 authorized, 1,454,750 shares issued, 806,086 shares outstanding		15				15
Additional paid-in capital		13,951				13,948
Shares held in trust, 45,911 and 44,081 shares at cost, respectively		(787	)			(762	)
Retained earnings		16,215				14,799
Treasury stock, at cost, 648,664 shares		(8,825	)			(8,825	)
Accumulated other comprehensive income / (loss)		(2,157	)			(2,457	)
TOTAL STOCKHOLDERS’ EQUITY		18,412				16,718
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	131,765			$	124,036

                        

THE SOUTHERN BANC COMPANY, INC. CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Dollar Amounts in Thousands, except per share data)
		Three Months Ended						Year Ended
		June 30,						June 30,
		2026 (Unaudited)			2025 (Unaudited)			2026 (Audited)		2025 (Audited)
INTEREST INCOME:
Interest and fees on loans	$	3,097		$	2,482		$	10,672	$	10,030
Interest and dividends on securities		294			208			1,048		737
Other interest income		154			261			920		771
Total interest income		3,545			2,951			12,640		11,538
INTEREST EXPENSE:
Interest on deposits		676			681			2,751		2,701
Interest on borrowings		0			0			0		0
Total interest expense		676			681			2,751		2,701
Net interest income before provision for loan losses		2,869			2,270			9,890		8,837
Provision for loan losses		330			249			471		790
Net interest income after provision for loan losses		2,539			2,021			9,419		8,047
NON-INTEREST INCOME:
Fees and other non-interest income		29			30			117		126
Miscellaneous income		77			124			404		469
Total non-interest income		106			154			521		595
NON-INTEREST EXPENSE:
Salaries and employee benefits		1,266			1,330			5,145		4,677
Equipment and Occupancy expenses		87			90			371		376
Professional Services Expense		164			207			732		772
Data Processing Expense		213			194			808		748
Loss on sale of securities, net		2			0			2		0
Other operating expense		262			198			984		864
Total non-interest expense		1,994			2,019			8,042		7,437
Income before income taxes		651			156			1,897		1,205
PROVISION FOR INCOME TAXES		158			16			482		290
Net Income	$	493		$	140		$	1,415	$	915
EARNINGS PER SHARE:
Basic	$	0.65		$	0.18		$	1.86	$	1.20
Diluted	$	0.64		$	0.18		$	1.85	$	1.20
DIVIDENDS DECLARED PER SHARE	$	—		$	—		$	—	$	—
AVERAGE SHARES OUTSTANDING:
Basic		760,175			762,005			760,752		760,322
Diluted		764,709			765,124			764,813		763,237

Contact: Gates Little
(256) 543-3860