Month: September 2026

ORLANDO, Fla., Sept. 23, 2026 (GLOBE NEWSWIRE) — IRADIMED CORPORATION (“Iradimed”) (NASDAQ: IRMD), a leading provider of innovative magnetic resonance imaging (MRI) compatible medical devices, announced today that it will participate in the 5th Annual ROTH Healthcare Opportunities Conference. 

Iradimed’s CFO, Jack Glenn, will host one-on-one meetings between company management and investors at the 5th Annual ROTH Healthcare Opportunities Conference at the Metropolitan Club in New York on September 29, 2026.

About IRADIMED CORPORATION

IRADIMED CORPORATION is a leader in developing innovative Magnetic Resonance Imaging (“MRI”) compatible medical devices. We design, manufacture, market, and distribute MRI-compatible medical devices, accessories, disposables, and related services.
We are the only known provider of a non-magnetic intravenous (“IV”) infusion pump system specifically designed to be safe for use during MRI procedures. We were the first to develop an infusion delivery system that largely eliminates many of the dangers and problems present during MRI procedures. Standard infusion pumps contain magnetic and electronic components that can create radio frequency interference and are dangerous to operate near the powerful magnet that drives an MRI system. Our patented MRidium® MRI-compatible IV infusion pump systems (3860 and 3870) have a non-magnetic ultrasonic motor, uniquely designed non-ferrous parts, and other special features to safely and predictably deliver anesthesia and other IV fluids during various MRI procedures. Our pump solutions provide a seamless approach that enables accurate, safe, and dependable fluid delivery before, during, and after an MRI scan, which is essential for critically ill patients who cannot be removed from their vital medications and children and infants who must generally be sedated to remain immobile during an MRI scan.
Our 3880 MRI-compatible patient vital signs monitoring system features non-magnetic components and other special features to safely and accurately monitor a patient’s vital signs during various MRI procedures. The Iradimed 3880 system operates reliably in magnetic fields up to 30,000 gauss, so it can work virtually anywhere in the MRI scanner room. The Iradimed 3880 has a compact, lightweight design, allowing it to travel with the patient from the critical care unit to the MRI and back, increasing patient safety through uninterrupted vital signs monitoring and reducing the time critically ill patients are away from critical care units. The Iradimed 3880 features wireless ECG with dynamic gradient filtering; wireless SpO2 using Masimo® algorithms; non-magnetic respiratory CO2; invasive and non-invasive blood pressure; patient temperature; and an optional advanced multi-gas anesthetic agent unit with continuous Minimum Alveolar Concentration measurements. The Iradimed 3880 MRI-compatible patient vital signs monitoring system has an easy-to-use design and enables effective communication of patient vital signs information to clinicians.

For more information, please visit www.iradimed.com.

Media Contact:
Jack Glenn
IRADIMED CORPORATION
(407) 677-8022
InvestorRelations@iradimed.com

New initiative delivers premium ai resources in partnership with community-based organizations to provide ai training and support to job seekers, small businesses, and educators to close the ai readiness gap impacting the American workforce and economy

Additional investment of $50 million builds on $20 million already committed to ai reskilling for departing workers

Highlights:

• Pairing top training with localized support: This nationwide initiative pairs top-tier AI training from leading organizations like IBM, Google, Anthropic, Microsoft, Coursera, and OpenAI, with high-touch, localized support from community nonprofits active in workforce development efforts.
• Creating a future-ready workforce to strengthen the U.S. economy: Verizon is committed to expanding access to AI fluency training resources to American workers because creating an AI-ready workforce is vital to keeping the U.S. economy strong, resilient, and globally competitive.
• Committing $70 million to AI readiness: This launch commits an additional $50 million investment from Verizon focused on strengthening the American workforce and the national economy, building upon its existing $20 million Reskilling and Career Transition Fund for departing employees.
• Building cross-sector and public-private collaboration: Verizon seeks to engage with the private, public, and non-profit sectors to address a broad, nationwide need to advance AI skills building and AI readiness to support communities and strengthen the American economy.

JERSEY CITY, N.J., Sept. 23, 2026 (GLOBE NEWSWIRE) — Verizon today announced a total investment of $70 million for Verizon AI Skills for America, a new initiative designed to empower job seekers, early career professionals, displaced workers, educators, and small businesses with the skills needed to thrive in the AI era and strengthen the U.S. economy.

The program represents the next step forward in Verizon’s long-standing journey to help close the digital divide and support the American workforce and their communities. This investment combines Verizon’s existing $20 million Reskilling and Career Transition Fund for departing workers with $50 million in new funding to provide access to best-in-class AI skills training at no charge to learners.

“Strengthening the American economy starts with making sure every individual has the opportunity to adapt and succeed in a rapidly changing world. AI isn’t just a technological shift—it will change the face of every workforce around the world,” said Dan Schulman, Verizon CEO. “Companies, working closely together and with the public sector, have a responsibility to invest in people with the same urgency they invest in technology. By giving people and small businesses free access to the best AI training, we are helping workers retain their jobs, navigate transitions, support their families, and help small businesses grow—while building confidence in our American economy. When you empower people to embrace change rather than fear it, you create a ripple effect that builds healthier communities and a stronger and more resilient national economy.”

One-Stop Access to Premium AI Learning

To make AI training more accessible to all, Verizon is curating a one-stop-shop portal that consolidates high-value training content from leading AI experts, including IBM, Google, Microsoft, Anthropic, Coursera, and OpenAI, at no cost to participants.

“Creating meaningful economic opportunity in the AI era is not something any one company can achieve alone,” said Donna Epps, Chief Responsible Business Officer of Verizon. “We are deeply grateful to our tech partners for collaborating with us to bring world-class AI training to local communities entirely free of charge.”

This type of premium AI training can cost more than $700 per person per year. By providing these resources for free, Verizon and its partners are helping bridge the skills gap for learners at every career stage—including students, job seekers, small businesses, educators, and transitioning professionals.

Turning Skills Into Opportunity Through Community Partnership

While providing high-quality content is important, Verizon knows from its deep experience in digital skilling initiatives that providing access alone is not enough. The program’s cornerstone is the collaboration with trusted mission-based organizations like Local Initiatives Support Corporation (LISC), the National Association for Community College Entrepreneurship (NACCE), and Goodwill Industries International, the largest nonprofit provider of job training and career placement services in North America. These organizations possess trusted relationships within communities and are well-positioned to provide the hands-on coaching, curriculum guidance, and local support necessary to turn online coursework into practical, real-world skills and increased confidence.

“Real workforce transformation happens at the community level in the neighborhoods where people live, learn, and look for their next opportunity,” said Steven C. Preston, CEO of Goodwill Industries International. “As the largest nonprofit network providing career training and support services across the U.S. and Canada, Goodwill understands what employers and job seekers are looking for. Partnering with Verizon allows us to help people build practical AI skills through their local Goodwill, so they’re set up for success as work continues to evolve.”

Launching Locally, Learning for What’s Next

The initiative will launch nationwide with core wrap-around services available in select regional markets. Verizon will collaborate closely with its local community partners and program participants to gather real-time feedback to continuously improve the program and ensure the training adapts to changing workforce needs. Closing the AI readiness gap requires cross-sector and public-private collaboration, and Verizon remains committed to partnering with nonprofits, industry peers, and public policymakers to build an inclusive, AI-ready workforce.

To learn more about the initiative or register for training, visit verizon.com/aiskillsforamerica.

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

About Verizon

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 $138.2 billion in 2025. 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.

Media Contact:
Alyssa Forsell
alyssa.forsell@verizon.com

LIMASSOL, Cyprus, Sept. 23, 2026 (GLOBE NEWSWIRE) — Robin Energy Ltd. (NASDAQ: RBNE), (“Robin”, or the “Company”), an international ship-owning company providing energy transportation services globally, today announced its results for the three months and the six months ended June 30, 2026.

Highlights of the Second Quarter Ended June 30, 2026:

• Total vessel revenues: $2.6 million, as compared to $2.0 million for the three months ended June 30, 2025, or a 29.2% increase;
• Net income: $5.6 million, as compared to $0.5 million for the three months ended June 30, 2025, or a 980.7% increase;
• Operating income: $5.8 million, as compared to $0.3 million for the three months ended June 30, 2025, or a 1,571% increase;
• Earnings per common share, basic: $11.01 per share, as compared to $10.88 per share for the three months ended June 30, 2025;
• Adjusted net income⁽¹⁾: $6.0 million, as compared to $0.5 million for the three months ended June 30, 2025;
• EBITDA⁽¹⁾: $6.0 million, as compared to $0.7 million for the three months ended June 30, 2025;
• Adjusted EBITDA⁽¹⁾: $6.4 million, as compared to $0.7 million for the three months ended June 30, 2025;
• Cash of $35.7 million as of June 30, 2026, as compared to $5.6 million as of December 31, 2025;
• During the three months ended June 30, 2026, we received gross proceeds of $2.2 million by issuing 0.1 million common shares through an at-the-market (“ATM”) offering agreement entered into on November 13, 2025, with Maxim Group LLC and Rodman & Renshaw LLC, pursuant to which we offered and sold common shares through the sales agents at our discretion. As of September 23, 2026, there were no further transactions;
• On March 24, 2026, we commenced a tender offer to purchase up to 66,667 common shares (1,000,000 common shares pre-reverse stock split as described below) at $3.00 per share (pre-reverse stock split as described below), which expired on April 23, 2026. The offer was oversubscribed and the Company accepted 66,667 shares for an aggregate cost of $3.0 million excluding fees relating to the offer; and 
• On April 22, 2026, we entered into an agreement with an unaffiliated third party for the sale of the M/T Wonder Mimosa, a 2006-built Handysize product tanker, for a price of $12.8 million. The vessel was delivered to its new owners on April 29, 2026, and we recorded during the second quarter of 2026 a net gain of $6.2 million from the sale of the M/T Wonder Mimosa.

Highlights of the Six Months Ended June 30, 2026:

• Total vessel revenues: $8.0 million, as compared to $3.6 million for the six months ended June 30, 2025, or a 121.5% increase;
• Net income: $6.1 million, as compared to $0.4 million for the six months ended June 30, 2025, or a 1,306% increase;
• Earnings per common share, basic: $14.07 per share, as compared to $9.42 per share for the six months ended June 30, 2025;
• Adjusted net income⁽¹⁾: $7.4 million, as compared to $0.4 million for the six months ended June 30, 2025;
• EBITDA⁽¹⁾: $7.3 million, as compared to $1.0 million for the six months ended June 30, 2025;
• Adjusted EBITDA⁽¹⁾: $8.6 million, as compared to $1.0 million for the six months ended June 30, 2025; and
• During the six months ended June 30, 2026, we received gross proceeds of $17.1 million by issuing 0.4 million common shares through the ATM offering agreement entered into on November 13, 2025, with Maxim Group LLC and Rodman & Renshaw LLC, pursuant to which we offered and sold common shares through the sales agents at our discretion.

_{⁽¹⁾ Adjusted net income, EBITDA and Adjusted EBITDA are not recognized measures under United States generally accepted accounting principles (“U.S. GAAP”). Please refer to Appendix B for the definitions and reconciliation of these measures to Net income/(Loss), the most directly comparable financial measure calculated and presented in accordance with U.S. GAAP.}

Management Commentary:

Mr. Petros Panagiotidis, Chief Executive Officer of the Company, commented:

“During the second quarter of 2026 we completed the sale of the M/T Wonder Mimosa, our Handysize tanker, realizing a gain on sale of $6.2 million. We enter the second half of the year at a robust financial position consisting of strengthened cash reserves and zero debt. Our fleet of two modern LPG carriers is fully employed on period charters into late 2026 and 2027, and we would continue to evaluate attractive opportunities to expand our fleet and strengthen our position in the market.”

Earnings Commentary:

Second quarter ended June 30, 2026 and 2025 Results

Total vessel revenues increased to $2.6 million in the three months ended June 30, 2026, from $2.0 million in the same period in 2025. This increase of $0.6 million was mainly associated with the increase in the Available Days of our fleet to 211 days in the three months ended June 30, 2026, from 91 days in the same period in 2025 due to the acquisitions of LPG Dream Syrax and LPG Dream Terrax in September 2025, partially offset by the sale of M/T Wonder Mimosa on April 29, 2026. During the three months ended June 30, 2026, our fleet earned on average a Daily TCE Rate of $11,381, compared to an average Daily TCE Rate of $20,054 earned during the same period in 2025. This decrease in Daily TCE Rates was mainly due to the acquisition of the two LPG carrier vessels which generally earn a lower Daily TCE Rate than the tanker vessel due to their size and the trade they operate in. Daily TCE Rate is not a recognized metric under U.S. GAAP. Please refer to Appendix B for the definition and reconciliation of this measure to Total vessel revenues, the most directly comparable financial measure calculated and presented in accordance with U.S. GAAP.

Voyage expenses for our fleet amounted to $0.2 million in each of the three months ended June 30, 2026 and the three months ended June 30, 2025, as the increase in Available Days in the three months ended June 30, 2026, as compared to the same period in 2025, was offset by the lower voyage expenses incurred by our LPG carrier vessels compared to the tanker vessel.

The increase in vessel operating expenses by $0.6 million to $1.2 million in the three months ended June 30, 2026, from $0.6 million in the same period in 2025, mainly reflects the increase in the Ownership Days of our fleet to 211 days in the three months ended June 30, 2026, from 91 days in the same period in 2025.

The increase in management fees to $0.2 million in the three months ended June 30, 2026, from $0.1 million in the same period in 2025, mainly reflects (i) the increase in the Ownership Days of our fleet in the three months ended June 30, 2026, compared to the same period in 2025 and (ii) the increased management fees due to an inflation-based adjustment that was effected on July 1, 2025, following our entry into the master management agreement with Castor Ships with effect from April 14, 2025.

Depreciation expenses amounted to $0.5 million for our fleet in the three months ended June 30, 2026 from $0.1 million in the same period in 2025, as a result of the increase in Ownership Days of our fleet in the three months ended June 30, 2026, compared to the same period in 2025. Dry-dock amortization charges decreased to $0.1 million in the three months ended June 30, 2026, from $0.2 million in the same period of 2025. This decrease in dry-dock amortization charges primarily resulted from the sale of M/T Wonder Mimosa which carried higher dry-dock amortization charges than the two LPG carrier vessels.

General and administrative expenses in the three months ended June 30, 2026, amounted to $0.8 million, compared to $0.4 million in the same period of 2025. This increase is mainly associated with legal and other corporate fees primarily related to the growth of our company, including expenses related to proposed tanker segment spin-off (as described below, the related registration statement was subsequently withdrawn in July 2026).

Gain on sale of vessel in the three months ended June 30, 2026, amounted to $6.2 million, representing the gain recognized from the sale of the tanker vessel M/T Wonder Mimosa during the second quarter of 2026.

Interest and finance costs, net, amounted to $(0.18) million in the three months ended June 30, 2026, whereas, in the same period of 2025, interest and finance costs, net amounted to $(0.17) million. This variation is mainly due to the increase in interest income for the three months ended June 30, 2026 on our available cash.

Recent Financial Developments Commentary:

Equity Update

During the six months ended June 30, 2026, we received gross proceeds of $17.1 million by issuing 0.4 million common shares through the ATM offering agreement entered into on November 13, 2025, with Maxim Group LLC and Rodman & Renshaw LLC (“sales agents”), pursuant to which we may offer and sell common shares through the sales agents at our discretion. As of today, there were no further transactions.

On March 24, 2026, we commenced a tender offer to purchase up to 66,667 common shares (1,000,000 common shares pre reverse stock split as described below) at $3.00 per share (pre-reverse stock split as described below), which expired on April 23, 2026. The offer was oversubscribed and the Company accepted 66,667 shares for an aggregate cost of $3.0 million excluding fees relating to the offer.

On July 9, 2026, we effected a 1-for-15 reverse stock split of our common shares without any change in the number of authorized common shares. All share and per share amounts have been retroactively adjusted to reflect the reverse stock split. As a result of the reverse stock split, the number of issued and outstanding shares as of July 9, 2026, was decreased to 0.6 million shares, respectively, while the par value of the Company’s common shares remained unchanged at $0.001 per share.

On July 15, 2026, we paid to Toro a dividend amounting to $0.1 million on our 1.00% Series A Fixed Rate Cumulative Perpetual Convertible Preferred Shares (the “Series A Preferred Shares”) for the period from April 15, 2026, to July 14, 2026.

On July 27, 2026, we issued and sold 750,000 common shares at an offering price of $4.00 per share in an underwritten public offering. The gross proceeds from the offering were $3.0 million, before deducting underwriting discounts, commissions, and other offering expenses. In addition, we have granted the underwriter a 45-day option to purchase up to 54,380 additional shares of common stock at the public offering price less the underwriting discounts and commissions. The option expired on September 10, 2026 and no additional shares have been issued pursuant to this option.

As of September 23, 2026, we had 1,332,297 common shares issued and outstanding.

Recent Business Developments Commentary:

Vessel disposal

On April 22, 2026, we entered into an agreement with an unaffiliated third party for the sale of the M/T Wonder Mimosa, a 2006-built Handysize product tanker, for a price of $12.8 million. The vessel was delivered to its new owners on April 29, 2026, and we recorded during the second quarter of 2026 a net gain of $6.2 million from the sale of the M/T Wonder Mimosa.

Withdrawal of Form 20-F relating to proposed spin-off of Company’s tanker segment

In light of the sale of the Company’s tanker vessel, M/T Wonder Mimosa, completed on April 29, 2026, the proposed spin-off of the Company’s tanker segment announced in March 2026 did not proceed and the related registration statement filed with the SEC was withdrawn in July 2026.

Investment in secured convertible loan notes

In September 2026, we, through a wholly owned subsidiary, invested $5.5 million (€4.7 million) in senior secured convertible loan notes issued by IntegrEn Limited (the “Notes”), an Irish-domiciled developer of digital infrastructure and associated energy generation assets in the United States and the United Kingdom. The Notes bear no coupon, mature on December 31, 2026 and are redeemable at a premium to their principal amount; part of our entitlement may instead be converted into equity of a subsidiary of the issuer. The Notes are secured over contractual rights of the issuer group, including any refund of amounts prepaid under a supply contract, and benefit from a guarantee, provided by a third party and two group companies of the issuer, of certain deductions that may be applied against any such refund.

Liquidity/ Financing/Cash Flow Update

Our consolidated cash position increased by $30.1 million, from $5.6 million as of December 31, 2025, to $35.7 million as of June 30, 2026. During the six months ended June 30, 2026, our cash position increased mainly as a result of (i) $4.8 million of net cash flows provided by operating activities, (ii) $12.2 million of net cash flows provided by investing activities, which relates to the net proceeds from the sale of M/T Wonder Mimosa and (iii) $13.1 million of net cash flows provided by financing activities, which mainly relates to the aggregate gross proceeds less paid issuance expenses from the ATM offering agreement amounting to $16.4 million, partially offset by the payment for the repurchase of shares pursuant to the self-tender offer amounting to $3.0 million, excluding fees relating to the offer.

Fleet Employment Status (as of September 23, 2026):

During the three months ended June 30, 2026, we operated on average 2.3 vessels earning a Daily TCE Rate⁽¹⁾ of $11,381 as compared to an average of 1.0 vessels earning a Daily TCE Rate⁽¹⁾ of $20,054 during the same period in 2025. Our employment profile as of September 23, 2026, is presented immediately below.

⁽¹⁾ Daily TCE Rate is not a recognized metric under U.S. GAAP. Please refer to Appendix B for the definition and reconciliation of this measure to Total vessel revenues, the most directly comparable financial measure calculated and presented in accordance with U.S. GAAP.

LPG Carriers
Name	Type	DWT	Year Built	Country of Construction	Type of Employment	Gross Charter Rate	Estimated Redelivery Date
							Earliest	Latest
Dream Syrax	LPG carrier 5,000 cbm	5,158	2015	Japan	Time Charter period	$360,000 per month	Feb-27	Mar-27
Dream Terrax	LPG carrier 5,000 cbm	4,743	2020	Japan	Time Charter period	$353,000 per month	Dec-26	Jan-27

Financial Results Overview:

Set forth below are selected financial and operational data of the three months and six months ended June 30, 2026 and 2025, respectively:

	Three Months Ended						Six Months Ended
(Expressed in U.S. dollars)		June 30, 2026 (unaudited)		June 30, 2025 (unaudited)			June 30, 2026 (unaudited)		June 30, 2025 (unaudited)
Total vessel revenues	$	2,599,440	$	2,011,664		$	7,973,158	$	3,598,828
Operating income	$	5,817,634	$	348,228		$	7,144,305	$	270,732
Net income and comprehensive income	$	5,574,735	$	515,860		$	6,099,699	$	433,783
Adjusted net income(1)	$	6,001,251	$	515,860		$	7,374,885	$	433,783
EBITDA(1)	$	5,972,434	$	715,144		$	7,308,954	$	999,495
Adjusted EBITDA(1)	$	6,398,950	$	715,144		$	8,584,140	$	999,495
Earnings per common share, basic	$	11.01	$	10.88		$	14.07	$	9.42
Earnings per common share, diluted	$	1.89	$	2.35		$	3.25	$	2.00

_{⁽¹⁾  Adjusted net income, EBITDA and Adjusted EBITDA are not recognized measures under U.S. GAAP. Please refer to Appendix B of this release for the definition and reconciliation of these measures to Net income, the most directly comparable financial measure calculated and presented in accordance with U.S. GAAP.}

Consolidated Fleet Selected Financial and Operational Data:

Set forth below are selected financial and operational data of our fleet for each of the three and six months ended June 30, 2026 and 2025, respectively, that we believe are useful in analyzing trends in our results of operations.

		Three Months Ended June 30,					Six Months Ended June 30,
(Expressed in U.S. dollars except for operational data)		2026		2025			2026		2025
Ownership Days(1)(7)		211		91			481		181
Available Days(2)(7)		211		91			481		181
Operating Days(3)(7)		191		91			461		181
Daily TCE Rate(4)	$	11,381	$	20,054	$		15,023	$	17,617
Fleet Utilization(5)(7)		91%		100%			96%		100%
Daily vessel operating expenses(6)	$	5,702	$	6,577	$		5,680	$	6,840

_{⁽¹⁾  Ownership Days are the total number of calendar days in a period during which we owned a vessel.
⁽²⁾  Available Days are the Ownership Days in a period less the aggregate number of days our vessels are off-hire due to scheduled repairs, dry-dockings or special or intermediate surveys.
⁽³⁾  Operating Days are the Available Days in a period after subtracting unscheduled off-hire and idle days.
⁽⁴⁾  Daily TCE Rate is not a recognized metric under U.S. GAAP. Please refer to Appendix B for the definition and reconciliation of this measure to Total vessel revenues, the most directly comparable financial measure calculated and presented in accordance with U.S. GAAP.
⁽⁵⁾  Fleet Utilization is calculated by dividing the Operating Days during a period by the number of Available Days during that period.
⁽⁶⁾  Daily vessel operating expenses are calculated by dividing vessel operating expenses for the relevant period by the Ownership Days for such period.
⁽⁷⁾  Our definitions of Ownership Days, Available Days, Operating Days, Fleet Utilization may not be comparable to those reported by other companies.}

APPENDIX A

ROBIN ENERGY LTD.
Unaudited Condensed Consolidated Statements of Comprehensive Income
(Expressed in U.S. Dollars—except for number of share data)

(In U.S. dollars except for number of share data)		Three Months Ended June 30,						Six Months Ended June 30,
		2026			2025			2026			2025
REVENUES
Pool revenues		460,440			2,011,664			3,725,158			3,598,828
Time charter revenues		2,139,000			—			4,248,000			—
Total vessel revenues	$	2,599,440		$	2,011,664		$	7,973,158		$	3,598,828
EXPENSES
Voyage expenses (including commissions to related party)		(198,121	)		(186,786	)		(747,043	)		(410,169	)
Vessel operating expenses		(1,203,197	)		(598,494	)		(2,732,190	)		(1,238,068	)
General and administrative expenses (including related party fees)		(763,969	)		(413,887	)		(1,574,630	)		(756,423	)
Management fees – related parties		(246,100	)		(97,461	)		(544,600	)		(193,851	)
Depreciation and amortization		(577,162	)		(366,808	)		(1,437,133	)		(729,585	)
Gain on sale of vessel		6,206,743			—			6,206,743			—
Operating income	$	5,817,634		$	348,228		$	7,144,305		$	270,732
Finance costs, net(1)		179,463			167,524			227,878			163,873
Other expenses, net(2)		(422,362	)		108			(1,272,484	)		(822	)
Net income and comprehensive income, net of taxes	$	5,574,735		$	515,860		$	6,099,699		$	433,783
Dividend on Series A Preferred Shares		(125,000	)		(106,944	)		(250,000	)		(106,944	)
Net income attributable to common shareholders	$	5,449,735		$	408,916		$	5,849,699		$	326,839
Earnings per common share, basic	$	11.01		$	10.88		$	14.07		$	9.42
Earnings per common share, diluted	$	1.89		$	2.35		$	3.25		$	2.00
Weighted average number of common shares outstanding, basic:		495,075			37,567			415,863			34,710
Weighted average number of common shares outstanding, diluted:		2,953,943			219,398			1,875,095			216,541

_{⁽¹⁾  Includes finance costs and interest income, if any.
⁽²⁾  Includes aggregated amounts for foreign exchange gains/(losses) and change in fair value of crypto assets-Bitcoin, as applicable in each period.}

ROBIN ENERGY LTD.
Unaudited Condensed Consolidated Balance Sheets
(Expressed in U.S. Dollars—except for number of share data)

		June 30, 2026		December 31, 2025
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	35,739,253	$	5,649,692
Due from related parties		4,619,805		6,034,859
Investment in crypto assets-Bitcoin		2,576,214		3,851,400
Other current assets		1,839,288		1,166,860
Total current assets		44,774,560		16,702,811
NON-CURRENT ASSETS:
Vessels, net		31,999,671		39,207,988
Due from related parties		592,620		981,162
Other non-current assets		1,346,643		2,057,152
Total non-current assets		33,938,934		42,246,302
Total assets		78,713,494		58,949,113
LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY
CURRENT LIABILITIES:
Due to related party		106,944		106,944
Other current liabilities		3,289,238		2,495,422
Total current liabilities		3,396,182		2,602,366
NON-CURRENT LIABILITIES:
Total non-current liabilities		—		—
Total liabilities		3,396,182		2,602,366
MEZZANINE EQUITY:
1.00% Series A fixed rate cumulative perpetual convertible preferred shares: 2,000,000 shares issued and outstanding as of June 30, 2026, and December 31, 2025, respectively, aggregate liquidation preference of $50,000,000 as of June 30, 2026, and December 31, 2025, respectively		25,877,180		25,877,180
Total mezzanine equity		25,877,180		25,877,180
SHAREHOLDERS’ EQUITY:
Common shares, $0.001 par value: 3,900,000,000 shares authorized; 582,524 and 187,049 issued; 582,524 and 184,991 shares (net of 2,058 treasury shares) shares outstanding as of June 30, 2026, and December 31, 2025, respectively.		582		187
Preferred shares, $0.001 par value: 100,000,000 shares authorized; Series B preferred shares: 40,000 shares issued and outstanding as of June 30, 2026, and December 31, 2025, respectively.		40		40
Additional paid-in capital		44,566,504		31,576,581
Treasury shares; 0 and 2,058 shares as of June 30, 2026 and December 31, 2025, respectively		—		(130,548	)
Retained earnings/(accumulated deficit)		4,873,006		(976,693	)
Total shareholders’ equity		49,440,132		30,469,567
Total liabilities, mezzanine equity and shareholders’ equity	$	78,713,494	$	58,949,113

ROBIN ENERGY LTD.
Unaudited Condensed Consolidated Statements of Cash Flows

(Expressed in U.S. Dollars)	Six Months Ended June 30,
		2026			2025
Cash Flows (used in)/provided by Operating Activities:
Net income	$	6,099,699		$	433,783
Adjustments to reconcile net income to net cash provided by Operating activities:
Depreciation and amortization		1,437,133			729,585
Change in fair value of crypto assets-Bitcoin		1,275,186			—
Gain on sale of vessel		(6,206,743	)		—
Changes in operating assets and liabilities:
Accounts receivable trade		(760,662	)		(303,922	)
Inventories		59,656			(20,346	)
Due from/to related parties		1,903,596			12,201,784
Prepaid expenses and other assets		386,347			(124,791	)
Accounts payable		365,416			(259,998	)
Accrued liabilities		237,897			410,425
Deferred revenue		15,000			—
Dry-dock costs paid		(16,259	)		—
Net Cash provided by Operating Activities		4,796,266			13,066,520
Cash flow (used in)/provided by Investing Activities:
Capitalized vessel improvements		(118,638	)		—
Net proceeds from sale of vessel		12,328,880			—
Net cash provided by Investing Activities		12,210,242			—
Cash flows (used in)/provided by Financing Activities:
Net increase in former parent company Investment		—			329,618
Gross proceeds from issuance of common shares pursuant to registered direct offerings		—			17,157,000
Common share issuance expenses pursuant to registered direct offerings		—			(1,501,182	)
Payment of Dividend on Series A Preferred Shares		(250,000	)		(1,389	)
Gross proceeds from issuance of common shares pursuant to ATM		17,050,366			—
Common share issuance expenses pursuant to ATM		(681,938	)		—
Capital contribution from former parent company due to spin-off		—			10,356,450
Payment for repurchase of common shares pursuant to self- tender offer		(3,035,375	)
Net cash provided by Financing Activities		13,083,053			26,340,497
Net increase in cash and cash equivalents		30,089,561			39,407,017
Cash and cash equivalents at the beginning of the period		5,649,692			369
Cash and cash equivalents at the end of the period	$	35,739,253		$	39,407,386

APPENDIX B

Non-GAAP Financial Information

Daily Time Charter Equivalent (“TCE”) Rate. The Daily Time Charter Equivalent Rate (“Daily TCE Rate”), is a metric of the average daily net revenue performance of our vessels. The Daily TCE Rate is not a metric of financial performance under U.S. GAAP (i.e., it is a non-GAAP metric) and should not be considered as an alternative to any metric of financial performance presented in accordance with U.S. GAAP. We calculate Daily TCE Rate by dividing total revenues (time charter and/or voyage charter revenues, and/or pool revenues, net of charterers’ commissions), less voyage expenses, by the number of Available Days during that period. Under a time charter, the charterer pays substantially all the vessel voyage related expenses. However, we may incur voyage related expenses when positioning or repositioning vessels before or after the period of a time or other charter, during periods of commercial waiting time or while off-hire during dry-docking or due to other unforeseen circumstances. Under voyage charters, the majority of voyage expenses are generally borne by us whereas for vessels in a pool, such expenses are borne by the pool operator. The Daily TCE Rate is a standard shipping industry performance metric used primarily to compare period-to-period changes in a company’s performance and, management believes that the Daily TCE Rate provides meaningful information to our investors because it compares daily net earnings generated by our vessels irrespective of the mix of charter types (e.g., time charter, voyage charter, pools) under which our vessels are employed between the periods while it further assists our management in making decisions regarding the deployment and use of our vessels and in evaluating our financial performance. Our calculation of the Daily TCE Rates may be different from and may not be comparable to that reported by other companies.

The following table reconciles the calculation of the Daily TCE Rate for our fleet to Total vessel revenues, the most directly comparable U.S. GAAP financial measure, for the periods presented:

	Three Months Ended June 30,							Six Months Ended June 30,
(In U.S. dollars, except for Available Days)		2026			2025				2026			2025
Total vessel revenues	$	2,599,440		$	2,011,664			$	7,973,158		$	3,598,828
Voyage expenses (including commissions to related party)		(198,121	)		(186,786	)			(747,043	)		(410,169	)
TCE revenues	$	2,401,319		$	1,824,878			$	7,226,115		$	3,188,659
Available Days		211			91				481			181
Daily TCE Rate	$	11,381		$	20,054			$	15,023		$	17,617

EBITDA and Adjusted EBITDA. EBITDA and Adjusted EBITDA are not measures of financial performance under U.S. GAAP, do not represent and should not be considered as an alternative to net income, operating income, cash flow from operating activities or any other measure of financial performance presented in accordance with U.S. GAAP. We define EBITDA as earnings before interest and finance costs (if any), net of interest income, taxes (when incurred), depreciation and amortization of deferred dry-docking costs. Adjusted EBITDA represents EBITDA adjusted to exclude any change at fair Value of crypto assets-Bitcoin, which the Company believes is not indicative of the ongoing performance of its core operations. EBITDA and Adjusted EBITDA are used as supplemental financial measure by management and external users of financial statements to assess our operating performance. We believe that EBITDA and Adjusted EBITDA assist our management by providing useful information that increases the comparability of our operating performance from period to period and against the operating performance of other companies in our industry that provide EBITDA information. This increased comparability is achieved by excluding the potentially disparate effects between periods or companies, of interest, other financial items, depreciation and amortization and taxes, which items are affected by various and possibly changing financing methods, capital structure and historical cost basis and which items may significantly affect net income between periods. We believe that including EBITDA and Adjusted EBITDA as measures of operating performance benefits investors in (a) selecting between investing in us and other investment alternatives and (b) monitoring our ongoing financial and operational strength. EBITDA and Adjusted EBITDA as presented below may be different from and may not be comparable to similarly titled measures of other companies. The following table reconciles EBITDA and Adjusted EBITDA to Net income, the most directly comparable U.S. GAAP financial measure, for the periods presented:

Reconciliation of EBITDA to Net Income

		Three Months Ended June 30,							Six Months Ended June 30,
(In U.S. dollars)		2026			2025				2026					2025
Net income, net of taxes	$	5,574,735		$	515,860			$	6,099,699			$		433,783
Depreciation and amortization		577,162			366,808				1,437,133					729,585
Finance costs, net(1)		(179,463	)		(167,524	)			(227,878		)			(163,873			)
EBITDA	$	5,972,434		$	715,144			$	7,308,954			$		999,495
Change in fair value of crypto assets-Bitcoin	$	426,516		$	—			$	1,275,186			$		—
Adjusted EBITDA	$	6,398,950		$	715,144			$		8,584,140			$		999,495

⁽¹⁾   Includes finance costs and interest income, if any.

Adjusted Net Income. To derive Adjusted Net income from Net income, we exclude certain non-cash items, as provided in the table below. We believe that Adjusted Net Income assists our management and investors by increasing the comparability of our performance from period to period since each such measure eliminates the effects of such non-cash item as change in fair value of crypto assets-Bitcoin which may vary from year to year, for reasons unrelated to overall operating performance. Our method of computing Adjusted Net Income may not necessarily be comparable to other similarly titled captions of other companies due to differences in methods of calculation. The following table reconciles Adjusted Net Income to Net income, the most directly comparable U.S. GAAP financial measure, for the periods presented:

Adjusted Net Income Reconciliation

		Three Months Ended June 30,					Six Months Ended June 30,
(In U.S. dollars)		2026		2025			2026		2025
Net income, net of taxes	$	5,574,735	$	515,860		$	6,099,699	$	433,783
Change in fair value of crypto assets-Bitcoin		426,516		—			1,275,186		—
Adjusted net income	$	6,001,251	$	515,860		$	7,374,885	$	433,783

Cautionary Statement Regarding Forward-Looking Statements

Matters discussed in this press release may constitute forward-looking statements. We intend such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts. We are including this cautionary statement in connection with this safe harbor legislation. The words “believe”, “anticipate”, “intend”, “estimate”, “forecast”, “project”, “plan”, “potential”, “will”, “may”, “should”, “expect”, “pending” and similar expressions identify forward-looking statements.

The forward-looking statements in this press release are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, our management’s examination of current or historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, because these assumptions are inherently subject to significant uncertainties and contingencies which are difficult or impossible to predict and are beyond our control, we cannot assure you that we will achieve or accomplish these forward-looking statements, including these expectations, beliefs or projections. In addition to these important factors, other important factors that, in our view, could cause actual results to differ materially from those discussed in the forward‐looking statements include generally: our planned fleet growth and our potential to acquire tanker and LPG carrier vessels and alternatives for our tanker and LPG carrier segment; the effects of our spin-off from Toro, our business strategy, expected capital spending and other plans and objectives for future operations, including our ability to expand our business as a new entrant to the tanker and liquefied petroleum gas shipping industry, market conditions and trends, including volatility and cyclicality in charter rates (particularly for vessels employed in the spot voyage market or pools), factors affecting supply and demand for vessels, such as fluctuations in demand for and the price of the products we transport, fluctuating vessel values, changes in worldwide fleet capacity, opportunities for the profitable operations of vessels in the segment of the shipping industry in which we operate and global economic and financial conditions, including interest rates, inflation and the growth rates of world economies, our ability to realize the expected benefits of vessel acquisitions or sales and the effects of any change in our fleet’s size or composition, increased transactions costs and other adverse effects (such as lost profit) due to any failure to consummate any sale of our vessels, our future financial condition, operating results, future revenues and expenses, future liquidity and the adequacy of cash flows from our operations, our relationships with our current and future service providers and customers, including the ongoing performance of their obligations, dependence on their expertise, compliance with applicable laws, and any impacts on our reputation due to our association with them, the availability of debt or equity financing on acceptable terms and our ability to comply with the covenants contained in agreements relating thereto, in particular due to economic, financial or operational reasons, our continued ability to enter into time charters, voyage charters or pool arrangements with existing and new customers and pool operators and to re-charter our vessels upon the expiry of the existing charters or pool agreements, any failure by our contractual counterparties to meet their obligations, changes in our operating and capitalized expenses, including bunker prices, dry-docking, insurance costs, costs associated with regulatory compliance and costs associated with climate change, our ability to fund future capital expenditures and investments in the acquisition and refurbishment of our vessels (including the amount and nature thereof and the timing of completion thereof, the delivery and commencement of operations dates, expected downtime and lost revenue), instances of off-hire, fluctuations in interest rates and currencies, including the value of the U.S. dollar relative to other currencies, any malfunction or disruption of information technology systems and networks that our operations rely on or any impact of a possible cybersecurity breach, existing or future disputes, proceedings or litigation, future sales of our securities in the public market, our ability to maintain compliance with applicable listing standards or the delisting of our common shares, volatility in our share price, potential conflicts of interest involving members of our board of directors, senior management and certain of our service providers that are related parties, general domestic and international political conditions, such as political instability, events or conflicts (including armed conflicts, such as the war in Ukraine and the conflict in the Middle East, including the war in the Middle East between the U.S. and Israel and Iran and effective closure of the Strait of Hormuz, as well as any further broadening of the conflict), acts of piracy or maritime aggression, such as recent maritime incidents involving vessels in and around the Red Sea, sanctions, “trade wars” (including the imposition of tariffs) and potential governmental requisitioning of our vessels during a period of war or emergency, global public health threats and major outbreaks of disease, any material cybersecurity incident, changes in seaborne and other transportation, including due to the maritime incidents in and around the Red Sea, fluctuating demand for tanker and LPG carriers and/or disruption of shipping routes due to accidents, political events, international sanctions, international hostilities and instability, piracy, smuggling or acts of terrorism, changes in governmental rules and regulations or actions taken by regulatory authorities, including changes to environmental regulations applicable to the shipping industry and to vessel rules and regulations, as well as changes in inspection procedures and import and export controls, inadequacies in our insurance coverage, developments in tax laws, treaties or regulations or their interpretation in any country in which we operate and changes in our tax treatment or classification, the impact of climate change, adverse weather and natural disasters, accidents or the occurrence of other unexpected events, including in relation to the operational risks associated with transporting LPG, crude oil and/or refined petroleum products and any other factors described in our filings with the SEC.

The information set forth herein speaks only as of the date hereof, and we disclaim any intention or obligation to update any forward‐looking statements as a result of developments occurring after the date of this communication, except to the extent required by applicable law. New factors emerge from time to time, and it is not possible for us to predict all or any of these factors. Further, we cannot assess the impact of each such factor on our business or the extent to which any factor, or combination of factors, may cause actual results to be materially different from those contained in any forward-looking statement. Please see our filings with the Securities and Exchange Commission for a more complete discussion of these foregoing and other risks and uncertainties. These factors and the other risk factors described in this press release are not necessarily all of the important factors that could cause actual results or developments to differ materially from those expressed in any of our forward-looking statements. Given these uncertainties, prospective investors are cautioned not to place undue reliance on such forward-looking statements.

CONTACT DETAILS
For further information please contact:

Investor Relations
Robin Energy Ltd.
Email: ir@robinenergy.com

• Company Exchanges Series A Preferred Stock for Debt, Eliminating Financing and Transaction Restrictions
• New Structure Provides Greater Flexibility to Pursue Lower-Cost Financing Alternatives.

Fort Lauderdale, FL, Sept. 23, 2026 (GLOBE NEWSWIRE) — Algorhythm Holdings, Inc. (the “Company”) (NASDAQ: RIME) – a diversified holding company that owns and operates Azure Energy, a renewable power infrastructure developer, and SemiCab, an AI-enabled logistics technology business, today announced the retirement of all of its outstanding shares of Series A Preferred.

The Company exchanged the Series A Preferred Stock for debt. The restructuring was negotiated in connection with the holder’s consent to the Company’s recently completed acquisition of Azure Energy. Pursuant to the transaction, the Series A Preferred Stock was retired in full and exchanged for approximately $4 million of debt. Management believes that the restructuring represents an important step in improving the Company’s financial and transactional flexibility.

Greater Financial Flexibility

The Series A Preferred Stock contained restrictive covenants that, among other things, limited the Company’s ability to raise additional equity, debt and other forms of capital and engage in a variety of corporate transactions without the holder’s consent. As a result of the exchange, these restrictions have been eliminated, providing Algorhythm with greater flexibility to evaluate refinancing, repayment and alternative financing opportunities.

The Company intends to use this increased flexibility to pursue opportunities to reduce its overall cost of capital and, where economically advantageous, refinance or repay existing equity-linked obligations with cash flow or less dilutive sources of capital.

Focused on Reducing Cost of Capital and Dilution

“Eliminating the Series A Preferred Stock was an important step in providing Algorhythm with the financial flexibility we believe is necessary to execute our business plan,” said Andrew Thompson, Chief Executive Officer of Algorhythm Holdings. “The previous structure significantly restricted the Company’s ability to access alternative sources of capital. With those restrictions removed, we now have greater flexibility to complete the financing and other transactions that we believe are most advantageous for the Company and its shareholders.”

“Azure Energy is a fast-growing, revenue-generating, profitable business, and we believe its contracted revenue and operating cash flow will contribute to a stronger financial profile for the consolidated Company,” Thompson continued. “Our objective is to use that improving financial profile to pursue lower-cost capital, refinance or repay higher-cost obligations where appropriate, and reduce our reliance on financing structures that can result in shareholder dilution.”

“This restructuring is the first step in that process,” Thompson concluded. “We are focused on strengthening the balance sheet, lowering our cost of capital and creating greater flexibility to fund growth while being disciplined about dilution.”

About Algorhythm Holdings

Algorhythm Holdings, Inc. is a diversified holding Company that owns and operates two businesses — Azure Energy and SemiCab.

Azure Energy is a leading developer of renewable biomass power generation infrastructure. Its team consists of some of the most experienced biomass power plant experts in the U.S. today. Collectively this team has designed and built 72 facilities generating 17.5GW of renewable power to date. The company was launched in 2025 and has already secured equity participation rights valued at over $220 million in net present value through multiple power plants projects that are currently under construction. The Company has multi-year contracts in place that will yield significant fee-income consulting revenues, and is currently generating scaling, positive EBITDA. For additional information, please go to: http://www.azure-energy.co.

SemiCab is an AI-enabled logistics software provider. Since 2020, SemiCab has enabled major retailers, brands and transportation providers to address common supply-chain problems globally. Its AI-enabled, cloud-based Collaborative Transportation Platform achieves the scalability required to predict and optimize millions of loads and hundreds of thousands of trucks. SemiCab uses real-time data from API-based load tendering and pre-built integrations with TMS and ELD partners to orchestrate collaboration across manufacturers, retailers, distributors, and their carriers. SemiCab uses AI/ML predictions and advanced predictive optimization models to enable fully loaded round trips. With SemiCab’s AI platform, shippers pay less and carriers make more without having to change a thing. For additional information, please go to: http://www.semicab.com.

Investor Relations Contact

Brendan Hopkins
407-645-5295
investors@algoholdings.com
www.algoholdings.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 statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as “expects,” “anticipates,” “believes,” “will,” “will likely result,” “will continue,” “plans to,” “potential,” “promising,” and similar expressions. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company’s reports filed with the SEC, including the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. You should not place undue reliance on any forward-looking statement, each of which applies only as of the date of this press release. Except as required by law, we undertake no obligation to update or revise publicly any of the forward-looking statements after the date of this press release to conform our statements to actual results or changed expectations, or as a result of new information, future events or otherwise.

Former GitLab Chief Technology Officer and Google VP of Engineering brings more than 25 years of technology leadership, infrastructure expertise, and a proven track record of scaling enterprise systems to Flywire’s Board of Directors

BOSTON, Sept. 23, 2026 (GLOBE NEWSWIRE) — Flywire Corporation (Flywire) (Nasdaq: FLYW), a global payments enablement and software company, today announced the appointment of Sabrina Farmer to its Board of Directors. In connection with her appointment, Ms. Farmer will also join the Nominating and Corporate Governance Committee of the Board of Directors.

Ms. Farmer joins the Flywire Board with extensive experience building ultra-scalable and highly reliable software systems, driving digital transformation, and leading global teams to deliver innovation in consumer and enterprise technology. She currently serves as Corporate Vice President of the Commerce Platform at Microsoft, where she is responsible for delivering the scalable core commerce, billing, and payment platforms that enable go-to-market (GTM) strategies for Azure, Office 365, Copilot, and consumer channels. Prior to Microsoft, she was Chief Technology Officer at GitLab, where she led the company’s software engineering, operations, and customer support teams. Previously, Ms. Farmer had a distinguished, 19-year career at Google in which she most recently served as Vice President of Engineering, Core Infrastructure, leading strategic initiatives across Google’s most critical systems. She reported directly to senior leadership and was responsible for the reliability, performance, and efficiency of all of Google’s billion-user products and infrastructure. During her tenure, Ms. Farmer supported some of the world’s most widely-used digital services, and engineering organizations achieved new standards for infrastructure resilience and operational excellence.

“Sabrina’s track record of architecting and operating systems at unprecedented scale, including managing billions of interactions across the world’s largest digital platforms, makes her an invaluable addition to our Board,” said Mike Massaro, CEO of Flywire. “Her deep expertise in building reliable, high-performance infrastructure and her proven ability to lead transformational change across complex global organizations aligns with Flywire’s growth trajectory. We look forward to her strategic insights as we continue to scale our business globally.”

Beyond her technical leadership, Ms. Farmer is a passionate advocate for inclusion in technology. She earned a B.S. in Computer Science from the University of New Orleans and has established two scholarships there to help level the playing field for inclusion and empowerment in the technology sector.

“Throughout my career, I’ve engineered platforms that billions of people depend on daily. The uncompromising standards required at massive scale are exactly what Flywire has embedded in its payments infrastructure that powers the essential industries that it serves,” said Sabrina Farmer. “Flywire’s commitment to technical excellence, security, and innovation resonates with me, and I’m excited to support their vision of delivering exceptional payment experiences to their clients and payers around the world.”

About Flywire

Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers.

Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.

Flywire supports more than 5,300* clients with diverse payment methods in more than 140 currencies across 240 countries and territories around the world. Flywire is headquartered in Boston, MA, USA with global offices. For more information, visit www.flywire.com. Follow Flywire on X (formerly known as Twitter), LinkedIn and Facebook.

*Not including Flywire’s Invoiced and Sertifi acquisitions

Media Contact
Sarah King
Media@Flywire.com

Investor Relations Contact
Masha Kahn
ir@flywire.com

Forward Looking Statements

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding Flywire’s strategy, expectations and plans of its business, market growth and trends. Flywire intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Securities Exchange Act of 1934 and the Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by terms such as, but not limited to, “believe,” “may,” “will,” “potentially,” “estimate,” “continue,” “anticipate,” “intend,” “could,” “would,” “project,” “target,” “plan,” “expect,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. Such forward-looking statements are based upon current expectations that involve risks, changes in circumstances, assumptions, and uncertainties. Important factors that could cause actual results to differ materially from those reflected in Flywire’s forward-looking statements include, among others, the factors that are described in the “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections of Flywire’s Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Report on Form 10-Q for the quarter ended June 30, 2026, which are on file with the Securities and Exchange Commission (SEC) and available on the SEC’s website at https://www.sec.gov/. The information in this release is provided only as of the date of this release, and Flywire undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

One cGMP batch, manufactured in-house under Optimi’s Health Canada Drug Establishment Licence, supplies both the Canadian trial and Australian clinics

VANCOUVER, British Columbia, Sept. 23, 2026 (GLOBE NEWSWIRE) — Optimi Health Corp. (NASDAQ: OPTH) (CSE: OPTI) (FSE: 8BN) (“Optimi” or the “Company“), a commercial-stage pharmaceutical manufacturer of regulated psychedelic drug products, today announced the completion and quality release of a production batch of 5mg naturally derived psilocybin capsules, manufactured end to end at the Company’s cGMP facility in Princeton, British Columbia, under a Health Canada Drug Establishment Licence. The batch will supply the recently announced Phase 2 clinical trial of psilocybin-assisted therapy evaluating psilocybin-assisted therapy in the treatment of major depressive disorder (“MDD”) and commercial customers in Australia.

This Health Canada-authorized trial is a multisite, open-label study of up to 200 participants, each receiving a single supervised dose of Optimi’s . Patient dosing is expected to be completed by the end of 2027. Data from the trial are intended to assess the safety and efficacy of psychedelic-assisted therapy in the hope of building the necessary evidentiary base to support registration in Canada and other jurisdictions.

The same batch will also supply the Company’s Australian customer base of licensed clinics, where 5mg psilocybin capsules are prescribed to patients with treatment-resistant depression under the Therapeutic Goods Administration’s Authorised Prescriber Scheme, with reimbursement from public and private payers including the Department of Veterans’ Affairs, the National Disability Insurance Scheme, WorkCover and Medibank. More than 750 clinicians have completed Mind Medicine Australia’s Certificate in Psychedelic-Assisted Therapies, and Optimi is not aware of any reported serious adverse events since commercial supply began in 2025.

“Since 2025, Optimi has supplied this psilocybin product commercially to licensed clinics in Australia, where it is prescribed and reimbursed for treatment-resistant depression,” said Dane Stevens, Optimi Chief Executive Officer and Co-Founder. “We are excited to be collecting our own clinical data on the same product in our Health Canada-approved Phase 2 clinical trial for major depressive disorder. One drug, two indications with significant unmet need, one batch serving both. Because we manufacture, encapsulate and release-test within our own licensed facility, the trial product and the commercial product are the same formulation from the same batch, and the Chemistry, Manufacturing and Controls file that supports registration is already ours.”

The safety and efficacy of psilocybin assisted therapy to treat MDD is still under investigation and none of Optimi’s psilocybin drug products received market authorization by Health Canada.

About Optimi Health Corp.

Optimi Health Corp. is a commercial-stage pharmaceutical company focused on manufacturing and distributing GMP-grade psychedelic drug products for mental health therapies. As a Health Canada-licensed pharmaceutical manufacturer, Optimi produces validated MDMA and botanical psilocybin drug products at its GMP-compliant facilities in British Columbia, Canada. Optimi supplies both active pharmaceutical ingredients and finished dosage forms to regulated clinical and therapeutic programs internationally, with products currently prescribed to patients in Australia under the country’s Authorised Prescriber Scheme and accessible in Canada through the Special Access Program.

For more information, please visit optimi.net.

For more information, please contact:
Dane Stevens, CEO
Optimi Health Corp.
(778) 761-4551
investors@optimihealth.ca
www.optimihealth.ca

Investor Relations Contact:
CORE IR
ir@optimi.net

Forward-Looking Statements

This press release contains forward-looking statements and forward-looking information within the meaning of applicable securities laws, including statements regarding the Phase 2 clinical trial, the availability and enrolment of patients in the trial, the utilization of the data derived from the trial, and the anticipated timing of the trial, the potential benefits of psilocybin, the Company’s ability to manufacture and ship products from its Canadian facility, the anticipated use of the most recent production batch, and the Company’s positioning in the regulated psychedelic medicine market. Forward-looking statements and forward-looking information are often identified by words such as “expects,” “anticipates,” “believes,” “intends,” “plans,” “estimates,” “may,” “will,” “would,” “could,” or similar expressions. Forward-looking statements and forward-looking information are based on several assumptions and are subject to a number of known and unknown risks and uncertainties, many of which are beyond the Company’s control, which could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking statements. Accordingly, there are or will be important factors that may cause actual results to differ from expected results. These factors include those described under “Risk Factors” in the Company’s registration statement on Form F-1, as amended, and other filings with the U.S. Securities and Exchange Commission made from time to time which are available at www.sec.gov and on SEDAR+ at www.sedarplus.ca and in the Company’s continuous disclosure filings available under its SEDAR+ profile at www.sedarplus.ca. These forward-looking statements reflect current expectations of management regarding future events and speak only as of the date of this press release. Except as expressly required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. New factors emerge from time to time, and it is not possible for the Company to predict all of them or assess the impact of each factor or the extent to which any factor, or combination of factors, may cause results to differ materially from those contained in any forward-looking statement. Any forward-looking statements contained in this press release are expressly qualified in their entirety by this cautionary statement.

Neither the Canadian Securities Exchange nor the Canadian Investment Regulatory Organization accepts responsibility for the adequacy or accuracy of this release.

Senior financial executive brings more than 25 years of experience across financial, accounting and operational leadership

MIAMI, Sept. 23, 2026 (GLOBE NEWSWIRE) — Versus Systems Inc. (“Versus” or the “Company”) (Nasdaq: VS), a leading provider of gamification and audience engagement technology, announces the appointment of Brian Goldenberg, CPA, as Chief Financial Officer, effective Sept. 8, 2026. Goldenberg also serves as the Company’s Principal Financial Officer and Principal Accounting Officer.

“Brian’s track record leading finance and operations at high-performance firms makes him an ideal fit for Versus as we accelerate growth,” said Luis Goldner, CEO of Versus Systems. “His leadership will help us sharpen our strategy, deepen our financial capabilities, and deliver stronger results for our partners and shareholders.”

Goldenberg brings more than 25 years of financial and operational leadership experience, having served in Chief Financial Officer, Chief Operating Officer and Chief Compliance Officer roles at multiple investment management firms. His background includes financial planning and reporting, accounting, audits, regulatory compliance, SEC matters, investor relations, and building financial and operational infrastructure.

Most recently, Goldenberg served as Chief Operating Officer, Chief Compliance Officer and Chief Financial Officer of Divisadero Street Capital Management in Miami, Florida. Previously, he served as Chief Financial Officer of Trend Capital Management in Boca Raton, Florida.

“Versus is building something truly compelling in audience engagement, and I’m excited to help deepen the financial and operational foundation that will support the company’s next phase of growth,” said Goldenberg.

About Versus Systems
Versus Systems is a leading provider of gamification and audience engagement technology. Its platform enables brands, teams, and entertainment partners to create rewarding interactive experiences that transform how they connect with consumers worldwide.

For more information, visit the company’s website at www.VersusSystems.com

Versus Systems Investor Relations:
IBN.Ai
512.354.7000 Office
VS@IBN.Ai

With growing retirements and AI disruption, industrial organizations are rethinking capturing institutional knowledge

HUNTSVILLE, Ala., Sept. 23, 2026 (GLOBE NEWSWIRE) — Octave Intelligence plc (Nasdaq: OCTV), a global leader in software for the world’s mission critical facilities and infrastructure, released a new research report that sheds light on how industrial organizations are navigating a rapidly changing workforce in the age of AI. The report surveyed more than 750 industrial leaders to better understand the challenges industrial organizations are facing and how these organizations are adapting to a rapidly changing workforce environment.

Octave’s survey found that widespread retirements and workforce shortages continue to present challenges to fill key roles and capture legacy expertise, all while AI is reshaping what the future workforce will look like, and the skills needed to succeed.

Some key takeaways from Octave’s research reveal that:

•  As industrial organizations face a wave of retirements and workforce shortages, 7 in 10 say they are not retaining the knowledge that will matter most for future operations, creating significant risk to continuity and decision-making.
• 34% of organizations cite having the technology but failing to upskill the workforce to use it as the biggest risk they face over the next five years, highlighting that workforce readiness is outpacing concerns about AI adoption itself.
• 36% of respondents cite systems thinking as the highest value area of study for current students to succeed in the future industrial environment.
• 45% of respondents are turning to AI-powered tools such as digital twins and behavioral analysis platforms to capture, store and organize critical knowledge.
• 47% of respondents say core processes are recorded, but the nuanced know-how remains undocumented.

“Many organizations are facing workforce challenges that illustrate the messy – but exciting – opportunity of where technology can play a transformational role in the future of operations,” said Octave Chief Product Officer Jay Allardyce, “These findings make it clear: technology alone cannot solve these problems. People and their routines are at the heart of any successful operation and tools that capture and connect institutional knowledge with operational data can have a significant impact for these facilities.”

Beyond how companies are using digital worker solutions to capture knowledge, the survey also looked at broader attitudes of frontline workers on the impact of AI in operations. The top two frontline concerns cited related to safety risks if AI makes an error (26%) as well as a lack of trust in an AI system’s ‘unexplained decisions’ (25%). Additionally, more than a fifth of respondents (21%) said the primary source of AI anxiety in frontline workers came from the fear of losing their status as an expert in the organization.

The survey also gave clues to what industrial leaders see as the potential future worker: the hybrid industrial worker. Less a narrow technical expert and more an agile orchestrator that connects digital intelligence with physical execution.

The respondents emphasized that future workers will depend on big-picture skills to be successful future workers. Skills including systems thinking and communications ranked highest and most valuable for future workers, while technical skills, such as engineering and data science ranked last.

Read the report

Survey methodology
The survey was conducted among a sample of 756 respondents across North America, South America, Europe, Middle East and the Asia-Pacific region. Respondents were technology decision makers for organizations with $1b+ in revenue that operate industrial facilities in the manufacturing, oil & gas, chemical, power and pharmaceutical industries. The data was collected between April 14 and May 1, 2026.

FOR MORE INFORMATION, CONTACT:   

Investors: Elizabeth Chwalk, VP, Investor Relations, Octave +1 401 749 – 0278, elizabeth.chwalk@octave.com

Media: media@octave.com

About Octave:

Octave provides mission-critical software that empowers organizations to make informed decisions across every stage of the asset lifecycle — Design, Build, Operate and Protect — where performance, safety, and reliability are non-negotiable and failure is not an option. 

Turning complex operational data into actionable intelligence, Octave connects expertise, real-world conditions and enterprise-scale insight to improve performance, resilience and incident response where it matters most. 

Octave has approximately 7,200 employees in 45 countries. Learn more at octave.com and follow us on LinkedIn. 

Separate 6 GWh expansion planned by year-end 2026 would more than double the existing Nanjing facility’s annual cell capacity

DALIAN, China, Sept. 23, 2026 (GLOBE NEWSWIRE) — CBAK Energy Technology Limited (NASDAQ: CBAT) (“CBAK Energy” or the “Company”), a China-based lithium-ion battery manufacturer and energy solutions provider, today announced that it has signed an investment agreement with the Nanjing Gaochun Economic Development Zone for the research, development and manufacture of large cylindrical sodium-ion battery cells and integrated battery systems in Nanjing, Jiangsu Province. The project would add 12 gigawatt-hours (“GWh”) of annual cell production capacity, advancing the Company’s previously announced sodium-ion expansion plan.

CBAK Energy advances its sodium-ion expansion with a planned 12 GWh project in Nanjing.

Separately, CBAK Energy targets an additional 6 GWh of annual cell capacity at its existing Nanjing facility by year-end 2026. The Company plans to advance the 12 GWh project in the second half of 2027, subject to securing financing.

6 GWh Expansion at the Existing Nanjing Facility
To meet strong demand for Model 60150 large cylindrical cells, CBAK Energy plans to expand its existing Nanjing facility in the second half of 2026. The facility currently has 4.5 GWh of annual Model 32140 cell capacity. The additional 6 GWh would bring its total annual cell capacity to 10.5 GWh.

At full capacity with all output sold, the additional 6 GWh could generate an estimated RMB2.4 billion to RMB2.7 billion (approximately US$356 million to US$400 million) in annual revenue.

The Company is considering two Model 60150 production lines for the expansion. Given strong demand for Model 32140 cells, it may instead install one Model 32140 line and one Model 60150 line. The cell models and production-line configuration may be adjusted as market conditions and customer demand evolve.

12 GWh Project to Support Sodium-Ion and Lithium-Ion Production
The production lines will be designed to manufacture large cylindrical sodium-ion or lithium-ion cells. The Company will determine which chemistry to produce based on market conditions and customer demand. At current lithium-ion cell market prices, the Company estimates that the 12 GWh project could generate an additional RMB4.8 billion to RMB5.0 billion (approximately US$712 million to US$741 million) in annual revenue at full capacity with all output sold.

The project would cover cell manufacturing as well as module and battery pack integration. Development would proceed in phases based on financing, customer demand and project readiness.

Customer testing of CBAK Energy’s sodium-ion cell samples is underway in residential and portable energy storage and electric mobility applications. Additional evaluations cover specialty vehicles, start-stop systems and backup power.

“The 6 GWh expansion would more than double annual cell capacity at our existing Nanjing facility and help us meet strong demand for large cylindrical cells,” said Zhiguang Hu, Chief Executive Officer of CBAK Energy. “The 12 GWh investment agreement advances our plans for sodium-ion production. Designing the lines to produce lithium-ion cells as well would give us more options to serve customers as demand develops in both markets. We plan to develop the project in phases, with investment guided by financing availability and customer demand.”

About CBAK Energy
CBAK Energy Technology Limited (NASDAQ: CBAT) is a China-based company that develops, manufactures and sells high-power lithium-ion and sodium-ion batteries, as well as materials used in high-power lithium-ion batteries. It has battery cell production, research and development, and sales operations in Nanjing, Dalian and Shangqiu, with research and development centers in Nanjing and Dalian. Its raw materials business is based in Shaoxing. The Company’s products serve electric vehicles, light electric vehicles, energy storage systems and other high-power applications. In January 2006, CBAK Energy became the first Chinese lithium battery manufacturer to be listed on the Nasdaq Stock Market.

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.

These statements include expectations about the planned 12 GWh large cylindrical battery cell and integrated battery systems project; phased development and plans to advance the project in the second half of 2027, subject to financing; the ability of the planned lines to produce sodium-ion or lithium-ion cells and the choice of chemistry based on market conditions; customer testing, qualification and commercial adoption; the separate 6 GWh Nanjing expansion and targeted increase in annual capacity at the existing facility to 10.5 GWh by year-end 2026; future demand for Model 60150 and Model 32140 cells, potential production-line configurations and changes in cell models; estimated additional annual revenue from each project; and the Company’s growth prospects.

Words such as “expect,” “estimate,” “anticipate,” “believe,” “intend,” “plan,” “target,” “may,” “will,” “would” and “could,” and similar expressions, identify forward-looking statements. These statements are based on current expectations and assumptions and involve risks and uncertainties that could cause actual results to differ materially.

Risks include changes in customer demand, product requirements, market prices and order volumes; the timing and outcome of customer testing and qualification and whether they lead to commercial orders; the availability, timing and cost of financing; the availability and cost of raw materials, production equipment and other inputs; technology development and market acceptance of sodium-ion batteries; delays in construction, equipment installation, commissioning or production ramp-up; manufacturing yields, capacity utilization, product quality and operating efficiency; the ability of the planned lines to support both sodium-ion and lithium-ion production; changes in cell models, production-line configuration and the choice of chemistry; regulatory, environmental and other required approvals; foreign exchange fluctuations; competing battery technologies; and other risks described in the Company’s reports filed with or furnished to the U.S. Securities and Exchange Commission.

The revenue estimates assume a full year of operation at full capacity with all output sold and are not guidance for a particular reporting period. The 12 GWh estimate uses current lithium-ion cell market prices as a benchmark. Neither estimate represents contracted sales. Actual revenue will depend on project completion, customer qualification, product mix, market pricing, utilization, manufacturing yields and sales, and may differ materially from these estimates.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Except as required by applicable law, the Company undertakes no obligation to update or revise any forward-looking statements as a result of new information, future events or otherwise.

For more information, please visit: https://en.cbak.com.cn/
Email: marketing@cbak.com.cn
LinkedIn: https://www.linkedin.com/company/cbakenergy
X: https://x.com/CBAKEnergy
Stocktwits: https://stocktwits.com/CBAK_Energy

Investor Relations
Email: ir@cbak.com.cn
Website: https://ir.cbak.com.cn/

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3bb20fc1-b036-4233-a3f2-e3d945e5c98c

Expansion Into Vintage Eyewear and Furniture Broadens Revenue Opportunities and Supports the Company’s Long-Term Growth Strategy

CHEYENNE, Wyo., Sept. 23, 2026 (GLOBE NEWSWIRE) — TransGlobal Assets Inc. (OTCID: TMSH) today announced that its wholly owned subsidiary, M Love Vintage Holdings Inc., is expanding beyond vintage clothing into vintage eyewear and vintage furniture, representing the next step in the Company’s strategy to build a diversified vintage lifestyle platform.

Management believes the expansion broadens the Company’s addressable market while creating opportunities to develop multiple revenue channels across fashion, accessories, home décor, wholesale distribution, e-commerce, and international sales.

Riding the Growth of the Global Resale Economy

The expansion comes as the global resale market continues to experience significant growth.

According to ThredUp’s 2026 Resale Report, prepared in partnership with GlobalData, the global secondhand apparel market is projected to reach approximately $393 billion by 2030, growing twice as fast as the overall apparel market. The report also projects that Gen Z and Millennials will account for more than 70% of future market growth.

Management believes these trends reflect continued consumer interest in sustainability, affordability, individuality, and authentic, one-of-a-kind products.

By adding vintage eyewear and furniture to its offerings, M Love Vintage is expanding its participation in the broader vintage and resale marketplace while pursuing opportunities across multiple consumer categories.

Building Multiple Revenue Channels

The Company’s evolving platform is expected to include:

• Vintage Clothing

• Vintage Eyewear

• Vintage Furniture

• Collectible Home Décor

• Online Retail

• Wholesale Distribution

• International Sales

Management believes that expanding into complementary product categories may increase customer engagement, encourage repeat purchases, diversify potential revenue sources, and leverage the Company’s existing sourcing and merchandising capabilities.

Christopher Villareale, President of TransGlobal Assets Inc., stated:

“This expansion represents another important milestone in building M Love Vintage into more than a vintage clothing business. By broadening into eyewear and furniture, we’re creating opportunities to serve a larger customer base while expanding our long-term growth potential. We believe this strategy strengthens our brand and positions the Company to participate in one of retail’s fastest-growing segments.”

More to Come

Today’s announcement represents one component of the Company’s broader strategic growth plan.

Management is actively advancing additional initiatives across its operating businesses and looks forward to providing shareholders with further updates as these developments progress.

About TransGlobal Assets Inc. (OTCID: TMSH)

TransGlobal Assets Inc. is a Wyoming corporation focused on strategic acquisitions, corporate restructuring, and the development of emerging business opportunities. The Company continues to evaluate transactions aligned with its long-term strategic objectives and shareholder value.

About M Love Vintage

M Love Vintage Holdings Inc. is a wholly owned subsidiary of TransGlobal Assets Inc. focused on the vintage lifestyle marketplace, including vintage clothing, eyewear, furniture, collectibles, and related products.

Website: mlovesvintageholdings.com

X: M Loves Vintage (@mlovesvintage1) / X

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. Forward-looking statements include, among other things, statements regarding the Company’s business strategy, expansion plans, potential revenue opportunities, market opportunities, growth potential, and future initiatives. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by applicable law.

Contact

TransGlobal Assets Inc. (OTCID: TMSH)
310-228-8897
Investor Relations
reino@mlovesvintageholdings.com