Month: September 2026

MCLEAN, Va., Sept. 24, 2026 (GLOBE NEWSWIRE) — Cycurion, Inc. (NASDAQ: CYCU) (“Cycurion” or the “Company”), a leading AI-driven, tech-enabled cybersecurity solutions provider, today announced that closed public safety engagements, including work supporting the City of Chicago, are forecast to generate approximately $843,028 in revenue during calendar 2026. The work includes CAD administration, go-live support and fire-department training.

Chicago public safety work

The 2026 forecast comprises approximately $763,256 for Chicago go-live support, $22,645 for Chicago fire training and $57,127 for a CAD administration position. If the CAD administration position continues at the current monthly rate for ten years, the projected aggregate value would be approximately $3.43 million. That figure is a projected aggregate value, not revenue expected in 2026. Actual revenue depends on continued authorization, performance and other applicable contract terms.

The engagements extend Cycurion’s public safety services following its acquisition of the Digital Ally video solutions business. Cycurion’s broader capabilities include project management, cybersecurity infrastructure, video systems and in-car and body-worn camera technology.

Nasdaq listing process

As previously disclosed, Cycurion appeared before the Nasdaq Hearings Panel on August 20, 2026, in connection with its appeal of a delisting determination. The Company’s common stock continues to trade on Nasdaq under the symbol CYCU. As of the date of this release, the Company has not received a final written decision from the Panel. Cycurion will disclose any material determination in accordance with applicable requirements.

The timing of Nasdaq’s written decision is a matter for Nasdaq. The Company will disclose that decision when it is received and is continuing to execute its business in the ordinary course.

The Company is aware of third-party commentary regarding the status of the Nasdaq process. Cycurion has not received a final written decision and would disclose a material determination in accordance with applicable law. Investors should rely on the Company’s SEC filings and official releases.

Product development

Cycurion is developing cyber products intended to help customers identify potential attack paths and prioritize defenses before an incident occurs. The planned offerings would complement its existing cybersecurity and managed services. Our new suite of advanced cyber tools will be available in the near term, delivering next-generation capabilities for detecting, analyzing, and mitigating evolving cyber threats with greater speed, precision, and resilience.

Previously disclosed legal matters

Cycurion continues to pursue its previously disclosed legal claims arising from the unauthorized press release distributed through ACCESS Newswire. The Company is also continuing to evaluate matters relating to allegedly false statements about Cycurion on other platforms. Legal proceedings take time, and the Company asks shareholders for patience as these matters move through the legal process. Cycurion will provide updates when there are material developments appropriate for public disclosure.

“Our team is delivering. These public-safety awards should contribute about $843,000 in 2026, including a CAD seat with a projected $3.43 million value over ten years,” said L. Kevin Kelly, Chairman and Chief Executive Officer. “We are winning work, building the next set of cyber products, and we will disclose Nasdaq’s decision the day we have it. Until then we are going to market.”

About Cycurion, Inc.

Based in McLean, Virginia, Cycurion (NASDAQ: CYCU) is a forward-thinking provider of IT cybersecurity and AI solutions, committed to delivering secure, reliable, and innovative services to clients worldwide. Specializing in cybersecurity, program management, and business continuity, Cycurion harnesses its AI-enhanced ARx platform and expert team to empower clients and safeguard their operations. Along with its subsidiaries, Axxum Technologies LLC, Cloudburst Security LLC, and Cycurion Innovation, Inc., Cycurion serves government, healthcare, and corporate clients committed to securing the digital future. More info: www.cycurion.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statements in this press release that are not statements of historical fact may be deemed forward-looking statements. These include, but are not limited to, statements regarding: expected revenue from the Company’s public safety engagements, including the forecast of approximately $843,028 in calendar 2026 revenue and its components; the projected aggregate value of approximately $3.43 million for the CAD administration position over ten years; the continuation, renewal, or expansion of the Company’s engagements with the City of Chicago and other public safety customers; the integration and performance of the Digital Ally video solutions business; the development, features, and timing of the Company’s planned cyber products; the timing and outcome of the Nasdaq Hearings Panel’s decision; the Company’s ability to regain and maintain compliance with Nasdaq’s continued listing requirements; the continued listing and trading of the Company’s common stock; the pursuit and outcome of the Company’s legal claims; the Company’s business strategy and prospects; and other statements that are not historical facts, including statements that may be accompanied by words such as “continue,” “will,” “may,” “could,” “should,” “expect,” “expected,” “forecast,” “project,” “plans,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” and similar expressions intended to identify such forward-looking statements.

All forward-looking statements are based on management’s current expectations and assumptions and involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, many of which are generally outside the control of Cycurion and are difficult to predict. Examples of such risks and uncertainties include, but are not limited to: the risk that customers, including municipal and other government customers, delay, reduce, suspend, or terminate work, or decline to authorize continued work, due to budget, appropriations, procurement, or policy decisions; the fact that the projected ten-year value of the CAD administration position assumes continuation at the current monthly rate for the full period, is not contractually committed for that period, and does not represent backlog or contracted revenue; changes in the timing of go-live, training, and other deliverables that could affect when revenue is recognized; the Company’s ability to staff and perform its engagements as planned; difficulties integrating acquired businesses; delays, cost overruns, technical challenges, and uncertain market acceptance in product development; competition in the cybersecurity and public safety technology markets; the timing and outcome of the Panel’s decision, which is outside the Company’s control, including the possibility that the Panel may determine to delist the Company’s securities or impose conditions the Company cannot satisfy, and the effect any delisting could have on the liquidity and market price of the Company’s common stock and its ability to raise capital; the Company’s ability to obtain financing on acceptable terms; and the cost, duration, and uncertain outcome of legal proceedings.

Additional factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements can be found in the most recent Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, and Current Reports on Form 8-K filed by Cycurion with the U.S. Securities and Exchange Commission. Cycurion anticipates that subsequent events and developments may cause its plans, intentions, and expectations to change. Cycurion assumes no obligation, and it specifically disclaims any intention or obligation, to update any forward-looking statements, whether as a result of new information, future events, or otherwise, except as expressly required by law. Forward-looking statements speak only as of the date they are made and should not be relied upon as representing Cycurion’s plans and expectations as of any subsequent date.

Cycurion Investor Relations:
(888) 341-6680
investors@cycurion.com

Cycurion Media Relations:
(888) 341-6680
media@cycurion.com

NEW YORK, Sept. 24, 2026 (GLOBE NEWSWIRE) — Inspired Entertainment, Inc. (“Inspired” or the “Company”) (NASDAQ: INSE), a leading B2B provider of gaming content, systems and solutions, will showcase its latest gaming products and content innovations at the Global Gaming Expo (G2E) at The Venetian in Las Vegas from September 29 to October 1. With a focus on expanding its portfolio of proven content and game mechanic innovations across Interactive, Retail Solutions, Virtual Sports and Hybrid Dealer, Inspired will highlight opportunities across North America.

Inspired will showcase the strength of its Interactive business, where the Company continues to see significant opportunities for growth across North America and other key markets. Inspired’s Interactive growth has been driven by new content, market share gains, and expansion with existing and new customers. Its Interactive portfolio spans a broad range of proven franchises and innovative mechanics designed to deliver engaging player experiences across online casino platforms. Inspired continues to build on successful franchises while expanding its pipeline of new releases and sequels to meet evolving player and operator demand.

As the home of the seasonal game, Inspired is also expanding its portfolio with a range of Halloween-themed releases throughout October across North American jurisdictions, including Bigger Piggy Halloween Bank™, Werewolf It Up! Again™, Franken Kong It Up! Large™ and Halloween Golden Winner Grand Chance™. Thanksgiving and festive holiday versions will follow later in the year, extending Inspired’s seasonal content strategy across key periods of the calendar.

Cash Bank™ has become an important part of Inspired’s omnichannel content strategy, with the mechanic extending across Interactive, Retail, and Hybrid Dealer. Built around a simple and intuitive concept, Cash Bank features visible cash values on the reels and frequent opportunities to collect them, creating anticipation and progression throughout the base game. Inspired has expanded the mechanic across a range of themes, content, and product categories, including Wolf It Up!™, Big Piggy Bank™ and Kong It Up!™, demonstrating its flexibility across different player experiences and markets.

A key highlight of Inspired’s Retail Solutions offering at G2E will be Kora™, the Company’s next-generation cabinet platform, designed to combine a modern, player-focused design with greater operator flexibility and operational efficiency. Kora will launch with a strong North American content roadmap featuring new game releases and sequels to established franchises.

Kora reflects Inspired’s continued investment in its land-based business and its strategy of bringing together engaging content and powerful technology to deliver greater value to operators. Alongside the new cabinet, Inspired will showcase an expanding portfolio of proven mechanics, including Cash Bank, Triple Hit Combo™, Grand Chance™ and Win & Spin™, supporting a pipeline designed to keep players engaged while giving operators a flexible platform for continued content growth.

At G2E, Inspired will showcase Wolf It Up!™, Bigger Piggy Bank™ and two seasonal Cash Bank games on Gaming Arts’ MOD Ex cabinet ahead of their Class III launch. The lineup demonstrates how successful content can be adapted for the U.S. casino market while retaining the elements that players already respond to, supporting Inspired’s strategy of bringing proven content and mechanics into new channels and markets.

Inspired will also highlight the continued expansion of its Virtual Sports portfolio in North America, showcasing a growing range of sports and new experiences designed for both online and retail sportsbook environments.

The Company will showcase Real Play Soccer™, developed through Inspired’s partnership with Game Changer Sports. The new Virtual Sports product combines authentic archived footage from historic English soccer matches with Inspired’s Virtual Sports technology, creating fast-paced betting events built around memorable moments from the sport.

Inspired will also showcase Golden Horses™, bringing a fresh twist to virtual horse racing with a simple win-only betting experience and an innovative boosted runner mechanic. Featuring a Golden Horse revealed before each race, the game brings the familiarity of modern sportsbook price boosts into Virtual Sports while creating added anticipation and engagement for players.

Brooks Pierce, President and CEO of Inspired, said: “G2E is an important opportunity for us to show customers and partners the breadth of what Inspired is bringing to the market. We’re continuing to build on proven content and mechanics while investing in new platforms, new experiences, and new ways to engage players.

“The continued growth of our Interactive business, together with Kora in our Retail Solutions business and our Cash Bank family of games, is particularly important as we expand our presence across North America. Our Gaming Arts collaboration demonstrates how we can take proven content and mechanics and create new opportunities in the U.S. land-based casino market. At the same time, the continued development of our Virtual Sports portfolio, including new experiences such as Real Play Soccer and Golden Horses, demonstrates the opportunities we see for the business.

“Our focus remains on delivering products that create value for operators and engaging experiences for players. We have a strong pipeline across the business, and we’re excited to show our customers what’s next for Inspired at G2E.”

About Inspired Entertainment, Inc.

With a proven track record of innovation, Inspired is a leading provider of content, technology, hardware and services for licensed gaming, betting and lottery operators around the world. Inspired’s proprietary games resonate with players and deliver consistent performance for gaming operators across interactive, virtual sports, and retail gaming environments. Inspired’s content and gaming systems are designed to work together across digital and retail channels, enabling scalable deployment and a consistent player experience. Through this integrated content-led approach, Inspired helps operators strengthen their offerings, drive engagement, and deliver compelling player experiences.

Additional information can be found at www.inseinc.com.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding our ability to bring certain of our products to customers in the various markets in which we operate and execute on our strategic plan, statements regarding expectations with respect to potential new customers and statements regarding our anticipated financial performance. Forward-looking statements may be identified by the use of words such as “anticipate,” “believe,” “continue,” “expect,” “estimate,” “plan,” “will,” “would” and “project” and other similar expressions that indicate future events or trends or are not statements of historical matters. These statements are based on Inspired management’s current expectations and beliefs, as well as a number of assumptions concerning future events.

Forward-looking statements are subject to known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside of Inspired’s control and all of which could cause actual results to differ materially from the results discussed in the forward-looking statements. Accordingly, forward-looking statements should not be relied upon as representing Inspired’s views as of any subsequent date. We cannot guarantee that the results anticipated by management, as set forth herein, will be realized or, even if realized, will have the expected effects on our results of operations or financial performance. Such results may be affected by, among other things, the “Risk Factors” section of Inspired’s annual report on Form 10-K for the fiscal year ended December 31, 2025, and subsequent quarterly reports on Form 10-Q, which are available, free of charge, on the U.S. Securities and Exchange Commission’s website at www.sec.gov. Inspired does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as required by law.

Contact:
For Investors
IR@inseinc.com

OASYS Platform Marks a First, Allowing Manufacturers and Service Providers To Build an AI Agent Once and Deploy in the Cloud, on the Edge, or in Hybrid Environments

SANTA CLARA, Calif., Sept. 24, 2026 (GLOBE NEWSWIRE) — SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice and agentic AI, today announced OASYS Edge, a new embedded architecture that brings LLM-powered voice AI agents directly to edge hardware. Available for vehicles and smart devices, OASYS Edge provides users with proactive conversational AI assistance that runs seamlessly, regardless of connectivity. Because processing happens locally, conversations stay private by default, and can continue uninterrupted even when network signals are unavailable.

OASYS Edge marks the first time global automakers, device manufacturers, and service providers will be able to deploy fully embedded agentic AI, with SoundHound setting the global pace as a longtime pioneer in edge and hybrid processing.

Build Once, Deploy Anywhere
With OASYS Edge, developers from any business can build intelligent voice agents on the OASYS platform once, then deploy them in the cloud, on the edge, or in a hybrid environment. This flexible architecture gives manufacturers full control over their technology stack for stronger data privacy, lower cloud costs and bandwidth needs, and consistently high-speed responsiveness.

For drivers and end users, OASYS Edge means a fast, reliable voice experience that feels unlimited, with AI agents that can understand even vague requests, resolve complex needs, and make smart decisions anytime in any location.

“For a long time, the industry assumed this kind of sophisticated agentic capability could only live in the cloud, forcing companies to compromise on speed, cost, reliability, and privacy,” said James Hom, Chief Product Officer and Co-Founder at SoundHound AI. “OASYS Edge fundamentally shifts that dynamic. By enabling developers to create AI voice agents just once and seamlessly deploy them in the cloud, on the edge, or across hybrid environments, we give manufacturers unprecedented flexibility. This allows them to provide uninterrupted AI assistance to end users without network overhead or cloud processing.

From Cars to Robots: Embedded Agentic Reasoning in Action
OASYS Edge goes beyond rigid, single-action voice commands to deliver natural, multi-system orchestration locally and only hands off tasks when cloud connectivity is needed. For example:

• Multi-Step Route Planning, Even Off the Grid: A driver heading through a remote stretch with poor signal says, “Navigate to Los Angeles and add two iconic tourist attraction stops along the way, and tell me about each of them.” Even with zero connectivity, OASYS Edge calculates the route, identifies well-known landmarks from its local knowledge base, and narrates highlights for each stop — updating the plan in real time, entirely on-device, with no cloud required.
• Listening, Not Streaming: A home or workplace robot needs to listen continuously to be useful, so OASYS Edge handles query detection and everyday conversational responses entirely on-device. This means the robot can always be ready without streaming audio to the cloud, enabling full conversational AI without compromising on privacy.

Key Benefits for OEMs and End Users

• Flexible Hybrid Architecture: Developers can create AI agents once on OASYS and deploy across cloud, edge, or hybrid environments depending on performance, cost, and hardware needs.
• Instant Responses & Offline Reliability: Voice requests execute at fast, natural conversational speeds and systems operate reliably in connectivity dead zones, such as underground garages, tunnels, and remote areas.
• Privacy by Design: User interactions, voice processing, and telemetry can optionally remain on the local device. No sensitive cabin or personal data is transmitted to external servers, providing full data sovereignty and meeting strict international privacy mandates.
• Onboard Multi-System Orchestration: OASYS Edge understands intent, resolves ambiguous requests, and autonomously controls multiple features simultaneously without cloud reliance. This is powered by an optimized, purpose-built range of language models.
• Lower Operating Overhead: Bypassing constant cloud processing significantly reduces recurring API costs and bandwidth demands for manufacturers. With customizable model sizes and configurations, the solution delivers high autonomy even on low-cost chipsets.

Availability & Implementation
SoundHound AI’s OASYS Edge is scheduled for deployment in late 2026, with live demonstrations available now and to be featured on the show floor at CES 2027.

You can learn more about OASYS Edge here.

About SoundHound AI
SoundHound AI (Nasdaq: SOUN) is a voice and agentic AI company that enables businesses to deliver natural, end-to-end conversational experiences across digital and physical channels, including phones, kiosks, chat, smart devices, drive-thrus, TVs, in-vehicle, and more. Its agentic platform, OASYS, is a self-learning, orchestrated AI system where organizations can build and deploy conversational AI agents to handle transactions, tasks, and workflows on behalf of customers and employees. Built on proprietary technology backed by 750+ patents and years of AI research, SoundHound serves leading brands across industries including automotive, financial services, healthcare, retail, telecommunications, and more. It powers millions of products and processes billions of interactions annually for enterprise customers worldwide. Learn more at: www.soundhound.com

Media Contact:
Fiona McEvoy
415-610-6590
PR@SoundHound.com  

DALLAS, Sept. 24, 2026 (GLOBE NEWSWIRE) — RAVE Restaurant Group, Inc. (NASDAQ: RAVE) today reported financial results for the fourth quarter and fiscal year ended June 28, 2026.

Fourth Quarter Highlights:

• The Company recorded net income of $0.8 million for the fourth quarter of fiscal 2026, a 6.2% decrease from the same period of the prior year.
• Income before taxes decreased by 7.3% to $1.1 million for the fourth quarter of fiscal 2026 compared to the same period of the prior year.
• Total revenue increased by $0.3 million to $3.4 million for the fourth quarter of fiscal 2026 compared to the same period of the prior year, a 8.8% increase.
• Adjusted EBITDA increased by $0.1 million to $1.2 million for the fourth quarter of fiscal 2026 compared to the same period of the prior year, a 4.9% increase.
• On a fully diluted basis, net income per share was $0.06 for the fourth quarter of fiscal 2026, the same as it was in the same period of the prior year.
• Pizza Inn domestic comparable store retail sales decreased 2.8% in the fourth quarter of fiscal 2026 compared to the same period of the prior year. Fourth quarter prior year comparable sales increased 6.3%.
• Pie Five domestic comparable store retail sales decreased 17.3% in the fourth quarter of fiscal 2026 compared to the same period of the prior year. Fourth quarter prior year comparable sales decreased 7.2%.
• Cash and cash equivalents were $1.1 million on June 28, 2026.
• Short-term investments were $12.5 million on June 28, 2026.
• Pizza Inn domestic unit count finished the quarter at 91.
• Pizza Inn international unit count finished the quarter at 18.
• Pie Five domestic unit count finished the quarter at 13.

Annual Highlights:

• Pizza Inn buffet restaurant count increased by net one restaurant marking the fifth consecutive year of buffet unit count growth.
• Net income increased by $0.2 million to $2.9 million in fiscal 2026 compared to net income of $2.7 million for fiscal 2025.
• Income before taxes increased by $0.3 million to $3.9 million in fiscal 2026 compared to $3.6 million in fiscal 2025.
• Total revenue increased by $0.9 million from fiscal 2025 to a total of $12.9 million for fiscal 2026.
• Adjusted EBITDA of $3.9 million for fiscal 2026 was a $0.3 million increase from the prior year.
• On a fully diluted basis, the Company reported net income of $0.20 per share in fiscal 2026 compared to $0.19 per share in the prior year.
• RAVE total domestic comparable store retail sales increased 1.3% for the year ended June 28, 2026 compared to the same period of the prior year.
• Pizza Inn domestic comparable store retail sales increased 2.4% for the year ended June 28, 2026 compared to the same period of the prior year.
• Pie Five domestic comparable store retail sales decreased 9.9% for the year ended June 28, 2026 compared to the same period of the prior year.
• Cash provided by operating activities increased by $0.2 million to $3.6 million in fiscal 2026 compared to $3.4 million in fiscal 2025.
• Cash and short-term investments increased by $3.7 million during fiscal 2026 to $13.6 million as of June 28, 2026. 

“We are excited to report the fifth consecutive fiscal year of both buffet store count and same store sales growth at Pizza Inn” said Brandon Solano, Chief Executive Officer of RAVE Restaurant Group, Inc.

Solano added, “Fiscal 2027 is an important year for Pizza Inn. After five consecutive years of modest store growth, Pizza Inn is aiming for more significant growth this fiscal year. We opened one restaurant in August and have more on the way. Pizza Inn recently signed a 10-buffet development agreement with a multi-brand operator who has experience in the pizza industry but is new to Pizza Inn. The first five of those restaurants are anticipated to be opened in fiscal year 2027.”

“In addition, we are excited to once again partner this year with Dr. Pepper and the Southeastern Conference to promote our Pepp Rally pizza and give guests the chance to win tickets to the SEC championship game this fall. And we have awesome new products set to roll out with increased media support starting in December.”

Chief Financial Officer Jay Rooney added, “We are pleased with fiscal year 2026 top and bottom-line results. Pre-tax profit of $3.9 million is the highest level of pre-tax profitability Rave has seen in the past twenty-three years. Operating Income of $3.5 million represents a nearly 17% compound annual growth rate over the past five years. The team at Rave has done a fantastic job of flowing through revenue to net income.”

Recent Events. On August 31, 2026, the Company’s Chief Executive Officer, Mr. Brandon Solano, delivered email correspondence to the Chairman of the Company’s Audit Committee to formally complain about workplace harassment and discrimination by RAVE Restaurant Group’s Board of Directors related to assertions of harassment, intimidation, and threats, resulting from the Company’s failure to increase Mr. Solano’s annual base salary. The Board takes any claim of harassment or discrimination very seriously, and the Company engaged the Hagan Law Group on September 1, 2026, to conduct an investigation. Additional details are provided under Item 3. Legal Proceeding in the Company’s Annual Report on Form 10-K, filed September 24, 2026.  

Non-GAAP Financial Measures

The Company’s financial statements are prepared in accordance with United States generally accepted accounting principles (“GAAP”). However, the Company also presents and discusses certain non-GAAP financial measures that it believes are useful to investors as measures of operating performance. Management may also use such non-GAAP financial measures in evaluating the effectiveness of business strategies and for planning and budgeting purposes. However, these non-GAAP financial measures should not be viewed as an alternative or substitute for its financial statements prepared in accordance with generally accepted accounting principles.

The Company considers EBITDA and Adjusted EBITDA to be important supplemental measures of operating performance that are commonly used by securities analysts, investors and other parties interested in our industry. The Company believes that EBITDA is helpful to investors in evaluating its results of operations without the impact of expenses affected by financing methods, accounting methods and the tax environment. The Company believes that Adjusted EBITDA provides additional useful information to investors by excluding non-operational or non-recurring expenses to provide a measure of operating performance that is more comparable from period to period. Management also uses these non-GAAP financial measures for evaluating operating performance, assessing the effectiveness of business strategies, projecting future capital needs, budgeting and other planning purposes.

“EBITDA” represents earnings before interest, taxes, depreciation and amortization. “Adjusted EBITDA” represents earnings before interest, taxes, depreciation and amortization, stock compensation expense, severance, gain/loss on sale of assets, costs related to impairment and other lease charges, franchise default and closed store revenue/expense, and closed and non-operating store costs. A reconciliation of these non-GAAP financial measures to net income is included with the accompanying consolidated financial statements.

Note Regarding Forward Looking Statements

Certain statements in this press release, other than historical information, may be considered forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, and are intended to be covered by the safe harbors created thereby. These forward-looking statements are based on current expectations that involve numerous risks, uncertainties and assumptions. Assumptions relating to these forward-looking statements involve current judgments about future events and performance, including statements regarding our optimism that current positive trends will continue, our ability to continue to successfully open new restaurant locations, our belief that we are well positioned for continued profitability as well as the continued returns on our reimaging initiatives, the strength of our development pipeline, as well as future economic, competitive and market conditions, and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of RAVE Restaurant Group, Inc. Although the assumptions underlying these forward-looking statements are believed to be reasonable, any of the assumptions could be inaccurate and, therefore, there can be no assurance that any forward-looking statements will prove to be accurate. In light of the significant uncertainties inherent in these forward-looking statements, the inclusion of such information should not be regarded as a representation that the objectives and plans of RAVE Restaurant Group, Inc. will be achieved.

About RAVE Restaurant Group, Inc.
Dallas-based RAVE Restaurant Group [NASDAQ: RAVE] has inspired restaurant innovation and countless customer smiles with its trailblazing pizza concepts. The Company franchises, licenses and supplies Pie Five and Pizza Inn restaurants operating domestically and internationally. The Pizza Inn experience is unlike your typical buffet. Since 1958, Pizza Inn’s house-made dough, house-shredded 100% whole milk mozzarella cheese, fresh ingredients and house-made signature sauce combined with friendly service solidified the brand to become America’s favorite hometown pizza place. These, in addition to its small-town vibe, are the hallmarks of Pizza Inn restaurants. In 2011, RAVE introduced Pie Five Pizza, pioneering a fast-casual pizza brand that transformed the classic pizzeria into a concept offering personalization, sophisticated ingredients and speed. Pie Five’s craft pizzas are baked fresh daily and feature house-made ingredients, creative recipes and craveable crust creations. For more information, visit www.raverg.com, and follow on Instagram @pizzainn and @piefivepizza.

Contact:
Investor Relations
RAVE Restaurant Group, Inc.
investorrelations@raverg.com
469-384-5000

RAVE RESTAURANT GROUP, INC. CONSOLIDATED STATEMENTS OF INCOME (In thousands, except share amounts)
		Fiscal Year Ended
			June 28,				June 29,				June 30,
			2026				2025				2024
REVENUES		$	12,910			$	12,039			$	12,150
COSTS AND EXPENSES
General and administrative expenses			5,898				5,234				5,277
Franchise expenses			3,364				3,397				3,656
Provision (recovery) for credit losses			7				(21	)			69
Depreciation and amortization expense			167				182				219
Total costs and expenses			9,436				8,792				9,221
OPERATING INCOME			3,474				3,247				2,929
Interest income			391				354				153
Other income			19				19				10
INCOME BEFORE TAXES			3,884				3,620				3,092
Income tax expense			1,006				918				619
NET INCOME		$	2,878			$	2,702			$	2,473
INCOME PER SHARE OF COMMON STOCK
Basic		$	0.20			$	0.19			$	0.17
Diluted		$	0.20			$	0.19			$	0.17
WEIGHTED AVERAGE COMMON SHARES OUTSTANDING
Basic			14,212				14,499				14,446
Diluted			14,304				14,561				14,630

RAVE RESTAURANT GROUP, INC. CONSOLIDATED BALANCE SHEETS (In thousands, except share amounts)
			June 28,				June 29,
			2026				2025
ASSETS
CURRENT ASSETS
Cash and cash equivalents		$	1,123			$	2,859
Short-term investments			12,487				7,024
Accounts receivable, less allowance for credit losses of $30 and $31, respectively			1,446				1,171
Notes receivable, current			37				45
Assets held for sale			33				38
Deferred contract charges, current			24				21
Prepaid expenses and other current assets			613				335
Total current assets			15,763				11,493
LONG-TERM ASSETS
Property and equipment, net			101				137
Operating lease right-of-use assets, net			177				489
Intangible assets definite-lived, net			100				182
Notes receivable, net of current portion			41				75
Deferred tax asset, net			3,103				3,995
Deferred contract charges, net of current portion			251				186
Total assets		$	19,536			$	16,557
LIABILITIES AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES
Accounts payable – trade		$	203			$	207
Accrued expenses			933				855
Operating lease liabilities, current			193				370
Deferred revenues, current			364				308
Total current liabilities			1,693				1,740
LONG-TERM LIABILITIES
Operating lease liabilities, net of current portion			12				206
Deferred revenues, net of current portion			501				457
Total liabilities			2,206				2,403
COMMITMENTS AND CONTINGENCIES (SEE NOTE H)
SHAREHOLDERS’ EQUITY
Common stock, $0.01 par value; authorized 26,000,000 shares; issued 25,647,171 and 25,647,171 shares, respectively; outstanding 14,211,566 and 14,211,566 shares, respectively			256				256
Additional paid-in capital			37,814				37,516
Retained earnings			10,492				7,614
Treasury stock, at cost
Shares in treasury: 11,435,605 and 11,435,605 respectively			(31,232	)			(31,232	)
Total shareholders’ equity			17,330				14,154
Total liabilities and shareholders’ equity		$	19,536			$	16,557

RAVE RESTAURANT GROUP, INC. CONSOLIDATED STATEMENTS OF CASH FLOWS (In thousands)
		Fiscal Year Ended
			June 28,				June 29,				June 30,
			2026				2025				2024
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income		$	2,878			$	2,702			$	2,473
Adjustments to reconcile net income to cash provided by operating activities:
Amortization of discount on short-term investment			(219	)			(115	)			(50	)
Stock-based compensation expense			298				136				149
Depreciation and amortization			85				101				135
Amortization of operating lease right-of-use assets			313				352				410
Amortization of definite-lived intangible assets			82				81				84
Non-cash lease expense			10				24				46
Provision (recovery) for credit losses			7				(21	)			69
Deferred income tax			892				761				586
Changes in operating assets and liabilities:
Accounts receivable			(282	)			261				(335	)
Notes receivable			42				27				(14	)
Deferred contract charges			(68	)			16				30
Prepaid expenses and other current assets			(278	)			(168	)			37
Accounts payable – trade			(4	)			(152	)			(143	)
Accrued expenses			78				(60	)			25
Operating lease liabilities			(382	)			(429	)			(511	)
Deferred revenues			100				(121	)			(146	)
Cash provided by operating activities			3,552				3,395				2,845
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of short-term investments			(14,464	)			(14,117	)			(10,115	)
Maturities of short-term investments			9,220				12,153				5,220
Purchase of assets held for sale			(4	)			(19	)			–
Proceeds from sale of assets held for sale			9				14				3
Purchase of definite-lived intangible assets			–				(11	)			(8	)
Purchase of property and equipment			(49	)			(56	)			(76	)
Cash used in investing activities			(5,288	)			(2,036	)			(4,976	)
CASH FLOWS FROM FINANCING ACTIVITIES:
Purchase of treasury stock			–				(1,204	)			–
Taxes paid on issuance of restricted stock units			–				(182	)			(311	)
Cash used in financing activities			–				(1,386	)			(311	)
Net decrease in cash and cash equivalents			(1,736	)			(27	)			(2,442	)
Cash and cash equivalents, beginning of period			2,859				2,886				5,328
Cash and cash equivalents, end of period		$	1,123			$	2,859			$	2,886
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
CASH PAID FOR:
Franchise and state income taxes, net of refunds		$	117			$	122			$	5
Federal income taxes, net of refunds		$	–			$	–			$	–

RAVE RESTAURANT GROUP, INC. ADJUSTED EBITDA (In thousands)
	Fiscal Year Ended
		June 28,				June 29,
		2026				2025
Net income	$	2,878			$	2,702
Interest income		(391	)			(354	)
Income taxes		1,006				918
Depreciation and amortization		167				182
EBITDA	$	3,660			$	3,448
Stock-based compensation expense		298				136
Severance		14				12
Franchisee default and closed store revenue		(24	)			(13	)
Adjusted EBITDA	$	3,948			$	3,583

The academic community can now access advanced automation and AI-powered workflows as part of Bluebeam’s ongoing commitment to the future of the AEC industry.

PASADENA, Calif., Sept. 24, 2026 (GLOBE NEWSWIRE) — Bluebeam, a leading developer of solutions and services for architecture, engineering, and construction (AEC) professionals worldwide and part of the Nemetschek Group, today announced the global availability of Bluebeam Max for academic subscribers, bringing advanced AI-powered productivity tools and intelligent review capabilities to students and educators around the world.  

Academic access to Max, Bluebeam’s most advanced subscription tier, is available at no cost to eligible students and educators, helping institutions build AI-assisted review and automation into coursework rather than leaving those skills to on-the-job training.  

Bluebeam Max includes Revu’s most advanced AI-powered capabilities designed to help users automate repetitive tasks, identify design changes faster, improve collaboration and gain insights from project documents. The premium experience includes AI-assisted review, automated markup generation, intelligent document comparison and advanced document workflows, powered by capabilities such as Smart Review, Smart Overlay, Magic Markups, Stitching, and Revu connected to AI via Model Context Protocol (MCP).  

As technology continues to reshape the built environment, Bluebeam is committed to ensuring students and educators have access to the same innovative tools being adopted across the industry. 

“The next generation of AEC professionals will enter a workplace where AI and automation are already a part of how projects get reviewed and delivered,” said Sarah Parkinson, Academic Program Lead at Bluebeam. “By expanding access to Bluebeam’s most advanced technology, exclusively available with a Max subscription, we’re helping students build career-ready digital skills and giving educators access to the latest industry technology.” 

Global Academic User Success 

Bluebeam’s academic program supports universities, colleges, technical schools, training institutions and registered apprenticeship programs worldwide, helping institutions across North America, Europe, Asia-Pacific and other regions prepare students for increasingly digital construction workflows.  

Linköping University 

For nearly a decade, Linköping University in Sweden has incorporated Bluebeam into its construction logistics curriculum. By working with real project drawings and documentation, students can focus on solving practical construction challenges while building skills that translate directly to professional practice. 

“We’ve used Bluebeam in our construction logistics teaching since 2017, and one of its greatest strengths is how quickly students can start applying it to real-world problems,” said Martin Rudberg, Professor at Linköping University. “Bluebeam allows students to focus on solving real construction logistics problems instead of learning software for the sake of learning software. That hands-on experience helps them develop skills they’ll use throughout their careers.” 

 Green Mountain High School 

Through Bluebeam’s academic program, Green Mountain High School is helping students gain industry-recognized skills while earning credentials that support their future academic and career goals. By integrating Bluebeam into its construction and design curriculum, students work with professional-grade technology while developing competencies that align with Colorado’s Career and Technical Education pathways. Students also have opportunities to apply their skills through industry competitions and project-based learning experiences that connect classroom instruction with real-world challenges. 

“One of the most valuable aspects of Bluebeam is that it gives students the opportunity to earn industry-recognized credentials while meeting educational milestones and building skills that are directly relevant to the workforce,” said Alexander Adkisson, Construction Teacher at Green Mountain High School. “They apply what they learn in hands-on projects and competitions, so by graduation they’ve already done the work. That’s a real advantage whether they head to a four-year program, an apprenticeship or straight into a job.” 

Bluebeam Max was designed to help AEC professionals reduce manual work and surface project insights more quickly through AI-powered capabilities. The expansion to students and educators reflects Bluebeam’s broader commitment to supporting lifelong learning and accelerating innovation across the industry.  

Students and educators can learn more about Bluebeam Max by visiting bluebeam.com/bluebeam-max and can sign up for free academic access here: bluebeam.com/community/academic. 

 

CONTACT: Nicole Worley
Bluebeam, Inc. 
nworley@bluebeam.com

ibex Wave iX Virtual Agent Honored for Exceptional Innovation

WASHINGTON, Sept. 24, 2026 (GLOBE NEWSWIRE) — ibex (NASDAQ: IBEX), a global leader in outsourced business services and AI-powered customer experience solutions, today announced that ibex Wave iX AI Virtual Agent was named 2026 Product of the Year Award winner by CUSTOMER Magazine.

ibex Wave iX AI Virtual Agent enables leading brands to automate customer interactions while increasing resolution rates, boosting customer satisfaction, and driving efficiency. It delivers AI-driven, brand-aligned voice and text experiences that are human-like, hyper-personalized, and scalable, seamlessly integrating with human agent support systems to enable fast escalation and efficient resolution of complex issues.

“This recognition from CUSTOMER magazine underscores ibex’s leadership position in leveraging AI across both the customer and agent lifecycles,” said Michael Darwal, Chief AI and Digital Officer at ibex. “With ibex Wave iX Virtual Agent, we create seamless end-to-end customer journeys—from journey mapping and integration to business insights and continuous improvement—that enhance the customer experience and drive meaningful ROI for leading global brands.”

The 2026 CUSTOMER Product of the Year Award recognizes solutions providers that are advancing the contact center, CX, CRM, and teleservices industries one solution at a time. The award highlights products which enable their clients to meet and exceed the expectations of their customers.

“On behalf of TMC and CUSTOMER magazine, it is my honor to recognize ibex with a 2026 Product of the Year Award,” said Rich Tehrani, CEO and Group Editor-in-Chief of TMC. “ibex Wave iX Virtual Agent has clearly earned its place among the industry’s top solutions, and I’m eager to see how ibex continues to innovate and lead in 2026 and beyond.”

About ibex

ibex is a global leader in outsourced business services and AI-powered customer experience solutions, enabling the world’s best brands to deliver truly differentiated experiences for their customers. Leveraging a global team of more than 36,000 human CX experts – powered by the best AI technology, decades of CX innovation, and deep business insights – ibex engineers seamless, end-to-end customer journeys from AI agents to human agents at scale across retail, e-commerce, healthcare, fintech, utilities, technology, logistics, and more. Discover more at ibex.co and connect with us on LinkedIn.

About CUSTOMER Magazine

TMC’s CUSTOMER magazine, originally launched in 1982 as Telemarketing magazine, remains the go-to resource for news, insights, and strategies that elevate customer engagement across all channels. Each issue explores the latest advancements in AI-powered CX, omnichannel communication, agent enablement, customer journey analytics, conversational AI, automation, mobile and cloud-based solutions, workforce optimization, and more. For additional information, please visit https://www.customerzone360.com.

About TMC

TMC provides global buyers with valuable insights to make informed tech decisions through our editorial platforms, live events, webinars, and online advertising. Leading vendors trust TMC, thought leadership, and our events for branding, thought leadership, and lead generation. Our live events, like the ITEXPO #TECHSUPERSHOW, deliver unmatched visibility, while our custom lead generation programs and webinars ensure a steady flow of sales opportunities. Display ads on trusted sites generate millions of impressions, boosting brand reputations. TMC offers a complete 360-degree marketing solution, from event management to content creation, driving SEO, branding, and marketing success. Learn more at www.tmcnet.com and follow @tmcnet on Facebook, LinkedIn, and X.

ibex Contact
Dan Burris
Ibex
Daniel.Burris@ibex.co

TMC Contact        
Stephanie Thompson
Manager, TMC Awards
203-852-6800
sthompson@tmcnet.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ddba6a4-5a71-4301-81b6-79fa666e68de

Save on this year’s hottest Motorola tech with Verizon

At a glance:

• Get Simplicity and save: Customers on Verizon’s Simplicity plan can save on every new Motorola smartphone. Plus, save up to $1,100 with an eligible trade-in on select myPlan options.
• Get a moto watch ultra on us: Switch to Verizon and get the motorola razr fold for $25 per month on Simplicity with no trade-in required, plus get a moto watch ultra on us with a new watch line.
• Available now: Verizon customers can purchase the motorola razr fold, motorola razr+ 2026, motorola razr 2026 with Crystals by Swarovski^® and moto watch ultra starting today.

NEW YORK, Sept. 24, 2026 (GLOBE NEWSWIRE) — Verizon today announced the nationwide availability of Motorola’s latest 2026 device lineup, offering incredible savings on cutting-edge foldable smartphones and connected wearables.

Verizon customers can enjoy simple pricing, no activation or upgrade fees. And, with the Simplicity plan, all customers get access to America’s Most Reliable 5G Network^* at an affordable price, including unlimited 5G Ultra Wideband data, 10GB of premium mobile hotspot and roaming in Canada and Mexico; all standard. That’s it. That’s the plan.

The full Motorola line-up
The flagship motorola razr fold ($1,949.99 retail) features an expansive 8.1-inch main display and is built for mobile productivity and heavy multitasking, with advanced AI tools, like Google Gemini and Perplexity search to make life even easier.

For those that want a compact flip design, the motorola razr+ 2026 ($1,099.99 retail) includes a 6.9-inch inner display alongside a fully functional 4-inch external screen. The phone’s design makes it convenient for everyday use, folding down into a compact profile that easily fits in a pocket and allowing users to conveniently check grocery lists, scroll social networks and capture hands-free photos without even opening the device.

Adding high fashion to high performance, the motorola razr 2026 with Crystals by Swarovski ($999.99 retail) offers a PANTONE Meteorite finish studded with real Swarovski crystals.

Designed for active lifestyles, the moto watch ultra ($349.99 retail) provides phone-free freedom with Verizon connectivity. Take calls, control smart home devices using Google Gemini and manage music directly from the watch. Advanced Polar health tracking delivers daily recovery and stress insights, while a durable, water-resistant design ensures seamless performance anywhere.

Designed to elevate everyday listening, the moto buds 2 plus ($149 retail) fit seamlessly into busy routines. Active noise cancellation quiets commutes, while spatial audio delivers immersive sound. Smart microphones keep calls clear, and all-day battery life powers everyday listening.

Verizon’s best Motorola deals
Verizon makes upgrading easy with flexible promotional offers available for new and existing customers:

• Get Simplicity and save: Customers choosing Verizon’s Simplicity plan can save up to $749.99 off retail prices, bringing the motorola razr with Crystals by Swarovski to $10 per month, the motorola razr+ 2026 to $15 per month and the motorola razr fold to $25 per month when they choose a 48 month device payment plan. Additional terms apply.
• Trade-in deals: New and existing customers on select myPlan can receive up to $1,100 off select Motorola smartphones with an eligible trade-in. Discount applied as bill credits over 36 months. Additional terms apply.
• moto watch ultra on us: Buy or bring your own Motorola smartphone and receive a moto watch ultra for $0 per month ($350 savings) when adding a new connected watch line. Discount applied as bill credits over 36 months. Additional terms apply.

Verizon Loyalty: The only loyalty program for ALL customers on any plan
Goodbye activation and upgrade fees: All postpaid customers on all phone and connected device plans can opt into Verizon’s Loyalty program and say goodbye to activation and upgrade fees—that’s up to $40 in fees per device.

Verizon Dollars: A program that rewards customers with 3% back in Verizon Dollars every single month, just for being a customer. Verizon Dollars can be redeemed for devices (including the new Motorola phones), accessories, gift cards or use them on hotel rewards. Opt-in into Verizon Dollars in one simple step through the My Verizon app.

Verizon Shine, every Monday, every day, all year-round: The loyalty program that gives customers a reason to look forward to Monday, all year-round. Verizon customers can enter weekly for a chance to win once-in-a-lifetime experiences, alongside daily drops including tickets to concerts and sporting events, exclusive merchandise, gift cards and more. Check out Verizon Shine for details.

Get 6 months of Google AI Pro perk on us
Verizon is making it easier and cheaper than ever to dive into generative AI with 6 months of the Google AI Pro perk on us. Get advanced access to Gemini to help you create, brainstorm and simplify your day, plus a massive 5 TB of cloud storage for all your photos and videos.

This offer is available for new and existing customers on eligible Simplicity, myPlan, FWA and Fios plans that are not currently subscribed to the Google AI Pro perk. Best of all, you can pair this powerful AI experience with any new smartphone. After the promo period, it continues at a discounted rate of $10 per month (a savings of $9.99 a month).

Get your motorola razr today 
To learn more about Motorola’s full 2026 product lineup and trade-in offers, visit verizon.com, the My Verizon app or your local Verizon store.

This announcement was originally published by Verizon. Read the original press release.

*America’s Most Reliable 5G Network” based on RootMetrics® U.S. RootScore® Report: 1H 2026. Not an endorsement. All rights reserved.

Verizon Communications Inc. (NYSE, Nasdaq: VZ) powers and empowers how its millions of customers live, work and play, delivering on their demand for mobility, reliable network connectivity and security. Headquartered in New York City, serving countries worldwide and nearly all of the Fortune 500, Verizon generated revenues of $134.8 billion in 2024. Verizon’s world-class team never stops innovating to meet customers where they are today and equip them for the needs of tomorrow. For more, visit verizon.com or find a retail location at verizon.com/stores.

VERIZON’S ONLINE MEDIA CENTER: News releases, stories, media contacts and other resources are available at verizon.com/news. News releases are also available through an RSS feed. To subscribe, visit www.verizon.com/about/rss-feeds/.

Media contact:
George Koroneos
george.koroneos@verizon.com

“The Trump administration is committed to keeping nicotine out of the hands of kids, getting counterfeit vaping products off the streets, and providing safer alternatives for adults who want to quit smoking cigarettes.”

“A Streamlined pathway for FDA authorization will make Charlie’s PACHA^™ product line one of the most valuable PMTA portfolios in the industry.”

COSTA MESA, CA, Sept. 24, 2026 (GLOBE NEWSWIRE) — Charlie’s Holdings, Inc. (OTCQB: CHUC) (“Charlie’s” or the “Company”), an industry leader in the premium vapor products space, applauds the Trump administration’s new plans to revise U.S. Food and Drug Administration (“FDA”) rules governing applications for new tobacco products, likely making it easier and faster for products such as Charlie’s flavored vapes to win regulatory approval.

As reported yesterday in The Wall Street Journal, the FDA is expected to announce in coming days that it will revisit a 2021 rule that outlined requirements for new tobacco products as governed by the Agency’s Premarket Tobacco Application (“PMTA”) review process. Tobacco companies have long complained that this FDA review process is essentially a regulatory gauntlet that takes much longer than the six month time-frame mandated by Congress.

As a point of reference, since September 2020 Charlie’s has been attempting to obtain FDA marketing authorization for certain of its tobacco-derived nicotine e-liquid products. Further, since May 2022, Charlie’s has been attempting to obtain FDA marketing authorization for hundreds of synthetic nicotine products that are subject to the same FDA rules as tobacco-derived nicotine products.

“The unwieldy PMTA review process has punished hundreds of small American businesses that have spent years and untold millions of dollars attempting to comply with the FDA’s tobacco product authorization process,” explained Henry Sicignano, Charlie’s President and Chief Executive Officer. “Meanwhile billions of dollars of illicit product – made by Chinese manufacturers who thumbed their noses at the FDA – have flooded American streets. Charlie’s is thrilled that the US regulatory landscape is, at last, changing.”

As reported by The Wall Street Journal, “the Trump administration is committed to keeping nicotine out of the hands of kids, getting counterfeit vaping products off the streets, and providing safer alternatives for adults who want to quit smoking cigarettes.”

Reportedly, the Trump administration hopes to see tobacco products it considers less harmful for smokers, such as flavored vapes, enter the market more easily, people familiar with the matter said. This refreshing perspective aligns squarely with Charlie’s corporate mission: to provide adult smokers with better alternatives to combustible cigarettes. What’s more, Charlie’s is scheduled to launch, this year, America’s first flavored disposable vapes – that cannot be activated by underage consumers.

Charlie’s commitments to regulatory compliance and youth access prevention are what distinguish the company.

“After selling 16 PACHA^™ brand PMTA Products in 2025 to one of the world’s largest tobacco companies, Charlie’s retains 678 timely-filed PMTA assets,” Mr. Sicignano explained. “We believe the Trump Administration’s streamlined pathway for FDA authorization of timely-filed PMTAs will make Charlie’s PACHA product line one of the most valuable PMTA portfolios in the industry.”

About Charlie’s Holdings, Inc.

Charlie’s Holdings, Inc. (OTCQB: CHUC) is an industry leader in the premium vapor products space. The Company’s products are sold around the world to select distributors, specialty retailers, and third-party online resellers through subsidiary company Charlie’s Chalk Dust, LLC has developed an extensive portfolio of brand styles, flavor profiles, and innovative product formats.

For additional information, please visit Charlie’s corporate website at: Chuc.com and the Company’s branded online websites: sbxvape.com, CharliesChalkDust.com, enjoypachamama.com, and Pacha.co.

Safe Harbor Statement 

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to statements regarding the Company’s overall business, existing and anticipated markets and expectations regarding future sales and expenses. Words such as “expect,” “anticipate,” “should,” “believe,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “could,” “intend,” variations of these terms or the negative of these terms, and similar expressions, are intended to identify these forward-looking statements. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company’s ongoing ability to quote its shares on the OTCQB; whether the Company will meet the requirements to up-list to a national securities exchange in the future; the Company’s ability to successfully increase sales and enter new markets; whether the Company’s PMTA’s for its nicotine-containing products will be authorized by the FDA, and the FDA’s decisions with respect to the Company’s future PMTA’s for nicotine products; the Company’s ability to manufacture and produce products for its customers; the Company’s ability to formulate new products; the acceptance of existing and future products; the complexity, expense and time associated with compliance with government rules and regulations affecting nicotine, synthetic nicotine, products containing nicotine substitutes, and products containing cannabidiol; litigation risks from the use of the Company’s products; risks of government regulations; the impact of competitive products; and the Company’s ability to maintain and enhance its brands, as well as other risk factors included in the Company’s most recent quarterly report on Form 10-Q, annual report on Form 10-K, and other SEC filings. These forward-looking statements are made as of the date of this press release and are based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

Investors Contact:
IR@charliesholdings.com
Phone: 949-570-069