Month: September 2026

WEST PALM BEACH, Fla., Sept. 15, 2026 (GLOBE NEWSWIRE) — Advanced Flower Capital Inc. (Nasdaq: AFCG) (“AFC”) today announced its dividend for the quarter ending September 30, 2026.

The Board of Directors of AFC declared a quarterly dividend of $0.05 per outstanding share of common stock for the quarter ending September 30, 2026. The dividend is payable on October 15, 2026, to the common stockholders of record on September 30, 2026. The third quarter dividend is in line with the second quarter dividend.

About AFC

AFC (Nasdaq: AFCG) is a publicly traded business development company that provides flexible credit solutions to lower middle-market companies. The company primarily originates, structures, invests and manages direct senior debt investments, targeting companies generating annual EBITDA of $5 to $50 million. The company seeks to maximize risk-adjusted returns for its stockholders with an opportunistic approach across all industries. AFC is headquartered in West Palm Beach, Florida. For additional information regarding the company, please visit www.afcbdc.com.

Investor Relations Contact

Robyn Tannenbaum
561-510-2293
ir@afcbdc.com  

Media Contact

Doug Allen
Dukas Linden Public Relations
646-722-6530
TCG@DLPR.com

WEST PALM BEACH, Fla., Sept. 15, 2026 (GLOBE NEWSWIRE) — Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS”), a lender on the Tannenbaum Capital Group (“TCG”) Real Estate platform, today announced its dividend for the quarter ending September 30, 2026.

The Board of Directors of SUNS declared a quarterly dividend of $0.30 per outstanding share of common stock for the quarter ending September 30, 2026. The dividend is payable on October 15, 2026, to the common stockholders of record on September 30, 2026. The third quarter dividend is in line with the second quarter dividend.

About Sunrise Realty Trust, Inc.

Sunrise Realty Trust, Inc. (Nasdaq: SUNS) (“SUNS” or the “Company”) is an institutional commercial real estate (“CRE”) lender providing flexible financing solutions to sponsors of CRE projects primarily in the Southern United States. It focuses on transitional CRE business plans with the potential for near-term value creation, collateralized by top-tier assets predominantly located in established and rapidly expanding Southern markets. For additional information regarding the Company, please visit www.sunriserealtytrust.com.

About TCG Real Estate

TCG Real Estate refers to a group of affiliated CRE-focused debt funds, including a Nasdaq-listed mortgage real estate investment trust (“REIT”), Sunrise Realty Trust, Inc. (Nasdaq: SUNS), and a private mortgage REIT, Southern Realty Trust Inc. The funds provide flexible financing on transitional CRE properties that present opportunities for near-term value creation, with a focus on top-tier CRE assets located primarily within markets in the Southern U.S. benefiting from economic tailwinds with growth potential. For additional information regarding TCG Real Estate, please visit www.theTCG.com.

Investor Relations Contact

Robyn Tannenbaum
561-510-2293
ir@thetcg.com

Media Contact

Doug Allen
Dukas Linden Public Relations
646-722-6530
TCG@DLPR.com

(ISIN NOS. US12476AAA51 / USP25625AE74; CUSIP NOS. 12476AAA5 / P25625AE7)

Santiago, Chile, Sept. 15, 2026 (GLOBE NEWSWIRE) — CAP S.A., a corporation (sociedad anónima abierta) incorporated and existing under the laws of the Republic of Chile, with its registered office located at Gertrudis Echeñique N° 220, Las Condes, Santiago, Chile (“CAP,” or the “Company”), announced today the results of its offer to purchase for cash (the “Tender Offer”) any and all of its outstanding 7.375% Notes due 2036 (the “Notes”), upon the terms and subject to the conditions set forth in the Offer to Purchase and Consent Solicitation Statement dated August 31, 2026 (the “Offer to Purchase”) for the consideration described below. The Notes are unconditionally guaranteed (the “Guarantees”) jointly and severally by Compañía Siderúrgica Huachipato S.A. (“CSH”) and Compañía Minera del Pacífico S.A. (“CMP” and, together with CSH, the “Guarantors”), each a corporation (sociedad anónima) organized under the laws of Chile and a subsidiary of the Company. All capitalized terms used herein but not defined in this announcement have the respective meanings ascribed to them in the Offer to Purchase.

Concurrently with the Tender Offer, the Company solicited consents (the “Consent Solicitation”) from the holders of the Notes (the “Holders”) to effect certain proposed amendments to the indenture governing the Notes, dated as of September 18, 2006 (as amended or supplemented from time to time, the “Indenture”), among the Company, as issuer, CMP and CSH, as Guarantors, and The Bank of New York Mellon, as successor trustee (the “Trustee”). The proposed amendments would (i) amend Section 10.4 of the Indenture to expressly permit the release of a Guarantor with the consent of Holders of at least a majority in aggregate principal amount of the outstanding Notes if such release would not materially and adversely affect the Holders, in addition to the existing circumstances relating to a consolidation or merger of any Guarantor, or a conveyance or transfer of all or substantially all of its assets; (ii) release CSH as guarantor under the Indenture and the Notes; (iii) eliminate substantially all of the restrictive covenants and related provisions contained in the Indenture; and (iv) make certain related and conforming changes, in each case as further described in the Offer to Purchase (the “Proposed Amendments”).

The Expiration Date for the Tender Offer and the Consent Solicitation was 5:00 p.m., New York City time, on September 14, 2026 (the “Expiration Date”). According to information received from D.F. King & Co., Inc., the tender and information agent for the Tender Offer (the “Tender and Information Agent”), as of 5:00 p.m., New York City time, on September 14, 2026, U.S.$36,355,000 in aggregate principal amount of the Notes, or approximately 88.98% of the outstanding Notes, had been validly tendered (and not validly withdrawn) pursuant to the Tender Offer.

The Company has obtained the Requisite Consents of Holders of at least a majority in aggregate principal amount of the Notes outstanding (excluding any Notes held by the Company or its affiliates) to give effect to the Proposed Amendments. Consequently, as previously announced, the Company expects to execute a supplemental indenture (the “Supplemental Indenture”) effecting the Proposed Amendments with respect to the Notes that will be effective upon execution but will only become operative upon consummation of the Tender Offer on the Settlement Date (as defined below).

Subject to the Company’s acceptance of the Notes validly tendered, Holders who validly tendered their Notes at or prior to the Expiration Date in the manner described in the Offer to Purchase will be eligible to receive the Tender Offer Consideration, plus any Accrued Interest.

The following table summarizes certain payment terms of the Tender Offer and Consent Solicitation:

Title of Security

CUSIPs

ISINs

Principal  Amount Outstanding

Aggregate Principal Amount Tendered

Percentage of Principal Amount Outstanding Tendered

Tender Offer Consideration(1)

7.375% Notes due 2036

12476AAA5 / P25625AE7

US12476AAA51 / USP25625AE74

U.S.$40,858,000

U.S.$36,355,000

88.98%

U.S.$1,000

——————————————
^{(1) Per each U.S.$1,000 principal amount of Notes validly tendered (and not validly withdrawn) and accepted for purchase, excluding Accrued Interest (as defined in the Offer to Purchase).}

Payment for Notes validly tendered (and not validly withdrawn) at or prior to the Expiration Date and accepted for purchase will be made on a single settlement date, expected to be on September 18, 2026, or as promptly as practicable thereafter (the “Settlement Date”). All Notes accepted for purchase in the Tender Offer will cease to accrue interest on the Settlement Date, unless the Company defaults in the payment of amounts payable pursuant to the Tender Offer.

Neither the Offer to Purchase nor any related documents have been filed with or reviewed by any federal or state securities commission or regulatory authority of any country. No authority has passed upon the accuracy or adequacy of the Offer to Purchase or any related documents, and it is unlawful and may be a criminal offense to make any representation to the contrary.

The Tender and Information Agent for the Tender Offer and Consent Solicitation is D.F. King & Co., Inc. Additional contact information of the Tender and Information Agent is set forth below.

D.F. King & Co., Inc. 28 Liberty Street, 53rd Floor New York, NY 10005 E-mail: cap@dfking.com Toll-Free: +1 (888) 542-7446 Collect: +1 (646) 582-2896

Any questions or requests for assistance or for additional copies of the Offer to Purchase may be directed to the Tender and Information Agent at one of its telephone numbers above. The Company has retained J.P. Morgan Securities LLC to act as dealer manager and solicitation agent (the “Dealer Manager and Solicitation Agent”) in connection with the Tender Offer and Consent Solicitation. A Holder (or a beneficial owner that is not a Holder) may also contact the Dealer Manager and Solicitation Agent at its telephone number set forth below or its broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Tender Offer and Consent Solicitation.

J.P. Morgan Securities LLC 270 Park Avenue, 9th Floor New York, New York 10017 United States of America Attn: Latin America Debt Capital Markets Toll-Free: +1 (866) 846-2874 Collect: +1 (212) 834-7279

This notice does not constitute or form part of any offer or invitation to purchase, or any solicitation of any offer to sell, the Notes or any other securities in the United States or any other country, nor shall it or any part of it, or the fact of its release, form the basis of, or be relied on or in connection with, any contract therefor. The Tender Offer and Consent Solicitation are made only by and pursuant to the terms of the Offer to Purchase, and the information in this notice is qualified by reference to the Offer to Purchase. None of the Company, the Guarantors, the Dealer Manager and Solicitation Agent or the Tender and Information Agent makes any recommendation as to whether Holders should tender their Notes pursuant to the Tender Offer or deliver their consents pursuant to the Consent Solicitation.

__________________
About CAP

CAP is a listed stock corporation (sociedad anónima abierta) organized under the laws of the Republic of Chile, with more than 80 years of history and a leading role in the development of Chile’s mining and industrial sectors. Through its long-term strategy, CAP aims to be a global leader in critical materials for decarbonization through an integrated portfolio of businesses and the development of innovative and sustainable products and solutions.

CAP’s portfolio combines leadership in iron ore mining through Compañía Minera del Pacífico (CMP); industrialized and sustainable construction solutions through Grupo Cintac; strategic infrastructure assets, including Aguas CAP, Tecnocap, Huachipato Terminal Portuario and Puerto Las Losas; and exposure to critical minerals through its investment in Aclara Resources and direct ownership of the Penco Module project, Chile’s first rare earths development. CAP has publicly offered securities registered in the Securities Registry (Registro de Valores) of the CMF (Comisión para el Mercado Financiero) (the “CMF”), as a result of which it qualifies as a securities issuer subject to the oversight and supervision of the CMF. CAP’s shares are listed on the Santiago Stock Exchange (Bolsa de Comercio de Santiago) and the Electronic Stock Exchange of Chile (Bolsa Electrónica de Chile) under the symbol “CAP”. CAP’s principal executive office is located at Gertrudis Echeñique 220, Las Condes, Santiago, Chile, and its telephone number at that address is (+56-2) 2 2818-6000.

Contact

Felipe Gazitua
CAP S.A.
Gertrudis Echeñique 220, Las Condes; Santiago, Chile
+56(2) 2818-6150
fgazitua@cap.cl

Javiera Mercado
CAP S.A.
Gertrudis Echeñique 220, Las Condes; Santiago, Chile
+56(2) 2818-6160
jmercado@cap.cl

Cautionary Statement on Forward-Looking Statements

This press release contains forward-looking statements. Examples of such forward-looking statements include, but are not limited to: (i) statements regarding the Company’s results of operations and financial position; (ii) statements of plans, objectives or goals; and (iii) statements of assumptions underlying such statements. Words such as “aim,” “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “guidance,” “intend,” “may,” “plan,” “potential,” “predict,” “seek,” “should,” “will” and similar expressions are intended to identify forward-looking statements but are not the exclusive means of identifying such statements. The forward-looking statements contained herein include statements about the Tender Offer and Consent Solicitation. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks exist that the predictions, forecasts, projections and other forward-looking statements will not be achieved. You should not place undue reliance on these forward-looking statements or projections.

These cautionary statements should not be construed as exhaustive and are made only as of the date hereof. CAP undertakes no obligation to (and expressly disclaims any obligation to) update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. In light of the risks and uncertainties described above, and the potential for variation of actual results from the assumptions on which certain of such forward-looking statements are based, investors should keep in mind that the results, events or developments disclosed in any forward-looking statement made in this document may not occur, and that actual results may vary materially from those described herein, including those described as anticipated, expected, targeted, projected or otherwise.

SINGAPORE, Sept. 15, 2026 (GLOBE NEWSWIRE) — Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) announces that the Cabinet of the Government of Thailand has granted executive approval for the transfer of interest from PTTEP Energy Development Company Limited, a subsidiary of PTT Exploration and Production Public Company Limited (“PTTEP”) to Valeura, in connection with its strategic farm-in agreement (the “Farm-in”) to blocks G1/65 and G3/65 (the “Blocks”) in the offshore Gulf of Thailand.

Under the terms of the Farm-in, Valeura is to earn a 40% undivided working interest in the Blocks by paying to PTTEP 40% of the back costs incurred, plus the cost of a 163 km² 3D seismic acquisition over the Nong Yao Northeast focus area (carried by Valeura).  Total costs to be paid by Valeura were estimated as US$25.6 at 31 August 2026.  This includes a deposit amount of US$1.85 million already paid, and includes US$2.8 million in respect of the aforementioned carried 3D seismic acquisition in addition to its share of back costs for 1,184 km² of 3D seismic acquired over other focus areas on the Blocks, four exploration wells drilled in 2025, geotechnical studies, licence award fees, and development planning work. 

As contemplated in the Farm-in, Valeura and PTTEP are continuing to share information with each other to support planning the next phases of development and exploration on the Blocks.  The Company intends to provide further details in due course.

For further information, please contact:

Valeura Energy Inc. (General Corporate Enquiries)	+65 6373 6940
Sean Guest, President and CEO
Yacine Ben-Meriem, CFO
Contact@valeuraenergy.com
Valeura Energy Inc. (Investor and Media Enquiries)	+1 403 975 6752
Robin James Martin, SVP, Communications and Investor Relations
IR@valeuraenergy.com

Contact details for the Company’s advisors, covering research analysts and joint brokers, including Auctus Advisors LLP, Beacon Securities Limited, Canaccord Genuity Ltd (UK), Cormark Securities Inc., Research Capital Corporation, Roth Canada Inc., and Stifel Nicolaus Europe Limited, are listed on the Company’s website at www.valeuraenergy.com/investor-information/analysts/.

About the Company

Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and Türkiye.  The Company is executing a growth-oriented strategy, reinvesting into its producing asset portfolio while deploying capital toward further organic and inorganic growth across Southeast Asia.  Valeura is committed to delivering value-accretive growth for all stakeholders, underpinned by high standards of environmental, social and governance responsibility.

Additional information relating to Valeura is also available on SEDAR+ at www.sedarplus.ca.

Advisory and Caution Regarding Forward-Looking Information

Certain information included in this news release constitutes forward-looking information under applicable securities legislation.  Such forward-looking information is for the purpose of explaining management’s current expectations and plans relating to the future.  Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions.  Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “target” or similar words suggesting future outcomes or statements regarding an outlook.  Forward-looking information in this news release includes, but is not limited to: the Company’s intention to provide further details on forward exploration and development plans in due course.

Forward-looking information is based on management’s current expectations and assumptions regarding, among other things: political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from governments and regulators in a manner consistent with past conduct; future drilling activity on the required/expected timelines; the prospectivity of the Company’s lands; the continued favourable pricing and operating netbacks across its business; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; the impact of inflation of future costs; future currency exchange rates; interest rates; the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the impact of the ongoing conflicts between the U.S.-Israel and Iran, and between Russia and Ukraine; royalty rates and taxes; future capital and other expenditures; the success obtained in drilling new wells and working over existing wellbores; the performance of wells and facilities; the availability of the required capital to funds its exploration, development and other operations, and the ability of the Company to meet its commitments and financial obligations; the ability of the Company to secure adequate processing, transportation, fractionation and storage capacity on acceptable terms; the capacity and reliability of facilities; the application of regulatory requirements respecting abandonment and reclamation; the recoverability of the Company’s reserves and contingent resources; future growth; the sufficiency of budgeted capital expenditures in carrying out planned activities; the impact of increasing competition; the ability to efficiently integrate assets and employees acquired through acquisitions; global energy policies going forward; future debt levels; and the Company’s continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company’s work programmes and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, offshore storage and offloading facilities and other specialised oilfield equipment and service providers, changes in partners’ plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

Forward-looking information involves significant known and unknown risks and uncertainties.  Exploration, appraisal, and development of oil and natural gas reserves and resources are speculative activities and involve a degree of risk.  A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: the ability of management to execute its business plan or realise anticipated benefits from acquisitions; the risk of disruptions from public health emergencies and/or pandemics; competition for specialised equipment and human resources; the Company’s ability to manage growth; the Company’s ability to manage the costs related to inflation; disruption in supply chains; the risk of currency fluctuations; changes in interest rates, oil and gas prices and netbacks; potential changes in joint venture partner strategies and participation in work programmes; uncertainty regarding the contemplated timelines and costs for work programme execution; the risks of disruption to operations and access to worksites; potential changes in laws and regulations, the uncertainty regarding government and other approvals; counterparty risk; the risk that financing may not be available; risks associated with weather delays and natural disasters; and the risk associated with international activity. See the Company’s most recent annual information form and the MD&A for a detailed discussion of the risk factors.

The forward-looking information contained in this new release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws.  The forward-looking information contained in this new release is expressly qualified by this cautionary statement.

This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful.  This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

IRVINE, Calif., Sept. 15, 2026 (GLOBE NEWSWIRE) — Cheetah Net Supply Chain Service Inc. (“Cheetah” or the “Company”) (Nasdaq CM: CTNT) today announced that it has entered into a Membership Interest Purchase Agreement (the “Agreement”) to acquire 100% of the membership interests of JoyPak Supply LLC (“JoyPak”), a Nevada limited liability company, primarily engaged in the sale of consumer, beauty, personal care and other everyday-use products, from a Delaware limited liability company and a Texas limited liability company (collectively, the “Sellers”) (the “Acquisition”).

The aggregate purchase price for the Acquisition is $788,000, which will be paid in cash. The closing of the Acquisition is expected to occur within four weeks of the execution of the Agreement, subject to the completion of the Company’s due diligence review and other closing conditions.

Following the completion of the Acquisition, JoyPak will become a wholly owned subsidiary of the Company. The Company believes that the Acquisition will further diversify its product mix, and enable the Company to enter the consumer, beauty, personal care and other everyday-use product categories. The Acquisition is also expected to support the Company’s broader business diversification efforts and long-term growth strategy.

About Cheetah Net Supply Chain Service Inc.

Cheetah Net Supply Chain Service Inc. is engaged in two principal business areas: logistics and warehousing and international trading. The Company’s logistics and warehousing business includes logistics coordination, warehousing and general labor support services. Following its acquisition of Super International Trading Limited in May 2026, the Company also commenced the international trading of large-scale industrial equipment. Through its ongoing business development and strategic acquisitions, Cheetah continues to seek opportunities to diversify its operations, expand its product and service offerings and develop additional sources of revenue.

Forward-Looking Statements

This press release contains certain forward-looking statements, including statements that are predictive in nature. Forward-looking statements are based on the Company’s current expectations and assumptions. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. These statements may be identified by the use of forward-looking expressions, including, but not limited to, “anticipate,” “believe,” “continue,” “estimate,” “expect,” “future,” “intend,” “may,” “outlook,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would,” and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. Important factors that could cause actual results to differ materially from those in the forward-looking statements are set forth in the Company’s filings with the U.S. Securities and Exchange Commission, including under the caption “Risk Factors.”

For more information, please contact:
Cheetah Net Supply Chain Service Inc.
Investor Relations
ir@cheetah-net.com

HONG KONG, Sept. 15, 2026 (GLOBE NEWSWIRE) — 3 E Network Technology Group Limited (Nasdaq: MASK) (the “Company” or “3 E Network”), a business-to-business (“B2B”) information technology (“IT”) business solutions provider, committed to becoming a next-generation artificial intelligence (“AI”) infrastructure solutions provider, today provided a strategic update in response to the continued AI infrastructure investment boom in the Nordic region, highlighted by recent capital commitments exceeding tens of billions of euros, reaffirming the importance of the Finnish market in the Company’s global AI compute footprint.

3 E Network believes that the concentrated influx of hyperscale capital reflects a shift for the Nordic AI compute industry, transitioning from early-stage isolated deployments into a high-density cluster phase. As a professional and neutral AI infrastructure provider serving a broad range of market demands, the Company is leveraging a dual-engine strategy of “software-defined engineering” and “deep ecosystem integration.” By benefiting from infrastructure development driven by major technology investments, 3 E Network aims to establish the Mikkeli project as a next-generation compute hub that combines ultra-high compute density, outstanding PUE (Power Usage Effectiveness) performance, and compliance with European data sovereignty regulations. Currently, the project is advancing its high-density engineering pre-validation and physical blueprint optimization for next-generation architectures such as Vera Rubin, leveraging the Company’s recently deployed Digital Twin and CFD simulation technologies.

Macro Trends: Capital Influx in Nordic AI Compute Clusters

As global demand for AI compute rapidly transitions from standalone deployments to Gigawatt scale clusters, the Nordic region—renowned for its abundant green power supply and optimal polar cooling conditions—is experiencing an unprecedented concentration of capital. Recent public industry data reveals that beyond sustained investments by top-tier cloud providers deploying data center campuses deeply integrated with waste heat recovery systems in southern Finland, another industry leader recently announced a commitment of over tens of billions of euros in Finland over the next two years. This significant investment aims to construct an expansive infrastructure network encompassing intelligent computing centers, high-voltage grid enhancements, clean energy, and utility-scale battery storage.

These investments are expected not only to contribute billions of dollars to Finland’s GDP and create thousands of high-skill jobs, but also to support 3 E Network’s commercial foresight in selecting Mikkeli, Finland, as the location for its planned next-generation AI computing center. Sustained hyperscale capital injection is reshaping local hardware supply chains, power networks, and industrial utilities, driving structural engineering upgrades and cluster development across the region.

Infrastructure Dividends: Empowering Finland’s Physical Compute Foundation

With the continuous influx of capital from multiple global tech giants, Finland is establishing a well-developed physical infrastructure ecosystem. 3 E Network anticipates that this macro investment trend may bring several direct benefits to the physical deployment and operational efficiency of its Mikkeli AI Data Center:

• Highly Mature Grid and Green Energy Supply Chain: Sustained investments by industry giants are accelerating the upgrade of local grid facilities and high-voltage transmission corridors in Finland. 3 E Network’s high-density AI data centers will directly benefit from the robust regional power architecture and abundant, cost-competitive clean energy (hydro and wind power). For various large organizations, enterprise clients, and research institutions, this translates to hedging against global energy price volatility, supporting more predictable Operating Expenses, and reducing Scope 2 carbon emissions.
• Synergistic Evolution of Storage and Microgrid Technologies: The successive deployment of large-scale battery storage projects in Finland has enhanced the peak-shaving and fault-tolerance capabilities of the regional grid. Modern trillion-parameter large model training cycles often span months and have minimal tolerance for microsecond-level voltage fluctuations. This macro-grid upgrade provides a supportive external environment for 3 E Network to explore integrated “Generation-Grid-Load-Storage” microgrid models, to support a continuous power supply for long-duration AI model training.
• Infrastructure Spillover Effect and CapEx Optimization: The concentrated influx of capital may reduce the marginal construction costs of regional ultra-high-speed fiber optic networks, novel cooling medium supply chains, and municipal utilities. By capturing these underlying infrastructure spillover dividends, 3 E Network can construct a high-density physical compute foundation with greater deployment efficiency and superior Capital Expenditure optimization, while maintaining commercial neutrality.

Ecosystem & Compliance: Constructing an Independent, Neutral European AI Data Center “Safe Harbor”

Beyond physical infrastructure benefits, the ecosystem maturation brought about by major investments provides significant support for 3 E Network’s open market positioning that embraces diversified compute demands:

• Interconnected AI R&D Talent Ecosystem: Long-term capital commitment has supported a “software-hardware synergy” ecosystem in Finland, encompassing top-tier research institutions, cutting-edge liquid cooling component suppliers, and vibrant open-source communities. This enables 3 E Network to efficiently assemble localized operations teams with world-class thermal management and hardware architecture expertise, further strengthening Service Level Agreement compliance capabilities for a broad customer base.
• Data Sovereignty and Compliance Shield: Operating within the stringent data sovereignty frameworks of the EU AI Act and General Data Protection Regulation, Finland’s established regulatory environment allows the Company to offer a secure European “data safe harbor.” This may significantly mitigate compliance risks for large institutional clients, enterprise clients, and core research teams that are highly sensitive to the privacy of core algorithms, training datasets, and proprietary models.
• Differentiated Competition and Avoidance of “Vendor Lock-in”: Multi-billion euro investments by hyperscalers primarily serve their proprietary public cloud ecosystems. 3 E Network is dedicated to serving a wider, diversified market, providing independent, neutral, and highly customizable physical compute services for a wide range of institutional clients, large enterprises, top academic institutions, and independent AI researchers who seek to avoid “Vendor Lock-in” from single cloud providers, thus fully enjoying the industrial dividends brought by regional scale effects.

Management Vision and Future Outlook

Dr. Tingjun Yang, Chief Executive Officer of 3 E Network, stated: “The sustained infrastructure investments by multiple global tech giants in Finland over recent years, coupled with the recent influx of over tens of billions of euros in new capital, send a strong signal of the global shift of AI infrastructure towards high-latitude, high-green-energy Nordic regions. This aligns closely with 3 E Network’s strategic assessment. The deployments by industry pioneers have supported the development of local engineering supply chain, power networks, and AI R&D ecosystem. As an independent and neutral professional compute infrastructure provider, we are well-prepared to fully leverage Finland’s powerful industrial cluster effect to deliver next-generation data center services that combine high compute density, outstanding carbon reduction performance, and stringent data compliance for diversified clients across the market. Finland is not merely our current engineering focus; it is a critical market supporting 3 E Network’s long-term recurring revenue growth.”

As the construction of Nordic AI infrastructure peaks between 2027 and 2028, 3 E Network will continue to advance its capacity planning and technology deployments in Mikkeli, Finland, to meet the growing and diverse global market demand for high-performance, sustainable AI computing power.

About 3 E Network Technology Group Limited
3 E Network Technology Group Limited is a business-to-business (“B2B”) information technology (“IT”) business solutions provider committed to becoming a next-generation artificial intelligence (“AI”) infrastructure solutions provider. It upholds the industry consensus of “AI and energy symbiosis” and has a strong vision in the field of energy investment. The Company’s business comprises two main portfolios: the data center operation services portfolio and the software development portfolio. For more information, please visit the Company’s website at https://3emask.com/.

Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “approximates,” “assesses,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect the Company’s future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

3 E Network Technology Group Limited
Investor Relations Department
Email: ird@3emask.com
Website: https://3emask.com/

Collaboration with HashBeaver focuses on production readiness and global sales, while evaluating AI device management and cloud services

NEW YORK, Sept. 15, 2026 (GLOBE NEWSWIRE) — AGM Group Holdings Inc. (NASDAQ: AGMH, “AGM Group” or the “Company”) today outlined commercialization plans for the desktop DePIN node it is jointly developing with HashBeaver. Building on the previously disclosed pilot production stage, the Company intends to advance preparations for volume production, develop sales channels and evaluate AI service integration. These efforts are intended to generate incremental hardware sales revenue through product deliveries while exploring recurring revenue opportunities from node management and AI services.

On September 8, 2026, the Company announced the joint development project with HashBeaver and disclosed that the product had entered pilot production. Designed for homes, offices and developers, the node uses a purpose-built application-specific integrated circuit (“ASIC”) to perform SHA-256 hashing for Bitcoin mining. Planned features include connectivity with decentralized physical infrastructure networks (“DePIN”) and AI-assisted device management.

Preparing for Volume Production and Sales

AGM Group intends to apply its systems engineering, manufacturing quality management and supply chain coordination capabilities to advance product testing, obtain applicable certifications and prepare for volume manufacturing with HashBeaver. The parties plan to evaluate direct sales through official websites, regional distribution and bulk purchases by partners as part of a phased product rollout in markets where permitted by applicable law.

Once the product is ready for delivery and the relevant commercial arrangements are in place, AGM intends to generate revenue from hardware supply, systems integration and agreed technical support services. The Company plans to align production batches and inventory with confirmed orders and sales-channel performance, with delivery expansion guided by actual customer demand.

The Company believes the desktop node could extend its hardware business to individual users and smaller organizations, adding a new product category to its offerings. As commercial deliveries commence and ongoing sales grow, the business could contribute incremental revenue. The Company intends to monitor delivery volumes, realized selling prices, unit manufacturing costs and after-sales expenses to support the product’s commercial sustainability.

Evaluating AI Management and Cloud Services

The product’s planned AI capabilities will focus on device operations, including recommendations based on temperature, power consumption and network conditions, anomaly detection, and assistance with managing multiple devices. These functions are intended to reduce users’ configuration and maintenance workload and improve the device experience.

In subsequent software releases, the parties intend to evaluate AI operations assistants and AI agent capabilities that would allow users to query device status, interpret alerts and obtain operating recommendations through natural-language interactions. Device configuration actions would be performed within the scope authorized by the user. These capabilities remain subject to development, testing and product validation.

The parties also intend to evaluate integration with HashBeaver’s planned AI computing services and intelligent routing platform, allowing users to access cloud-based AI models and related services through companion software. This approach could enable existing device users to access AI services after the initial hardware sale, creating potential additional business opportunities.

The first-generation node’s local ASIC computing capacity is dedicated to SHA-256 Bitcoin mining and does not perform general-purpose AI model training or inference. Planned AI model services would be provided through separately integrated cloud computing infrastructure.

Exploring Recurring Service Revenue

Hardware supply and delivery are the intended initial revenue sources for the project. As device deployments and active users increase, the parties plan to evaluate management subscriptions for users operating multiple devices, remote operations and maintenance services, and value-added technical support. They also intend to explore usage-based pricing for cloud AI services.

Once these services have been developed and are ready for commercialization, the customer base established through hardware sales could support subsequent service revenue and increase customer lifetime value over the device’s operating life. Any financial contribution to AGM from these services will depend on the service responsibilities, pricing and revenue-sharing arrangements ultimately agreed by the parties.

AGM will recognize the relevant revenue based on actual contracts and satisfaction of the applicable performance obligations. Inventory production, expressions of interest from sales channels and growth in platform users do not, by themselves, constitute recognized revenue.

Management Commentary

Dr. Bo Zhu, Chief Executive Officer of AGM Group Holdings Inc., commented:

“We aim to translate AGM’s systems engineering and supply chain capabilities into products that we can deliver consistently and that meet users’ needs. The desktop DePIN node we are developing with HashBeaver provides a product opportunity to expand our hardware customer base and generate additional sales revenue.

“Our next phase will focus on product validation, cost management and sales execution. As AI management capabilities and cloud services are introduced, we also aim to provide ongoing value to customers who have purchased our devices and further develop service revenue opportunities beyond the initial hardware delivery.”

Complementing the AI Server Business

On September 3, 2026, AGM Group disclosed that it had commenced volume production and delivery of its all-flash servers. The Company believes that enterprise AI storage and server products, together with desktop nodes for individuals and smaller organizations, could address different segments of computing infrastructure demand.

By applying shared systems engineering, supply chain management and delivery support capabilities across product lines, AGM intends to broaden its hardware offering and evaluate opportunities to cross-sell software and technical services. Commercialization progress and revenue contributions from the desktop node will depend on its own testing and certification results, market demand and actual deliveries.

As the project progresses, the parties plan to provide further information on validated product specifications and AI capabilities, initial sales markets and channels, pricing and delivery schedules. They also intend to disclose confirmed orders, deliveries and related business developments at appropriate stages.

About AGM Group Holdings Inc.

AGM Group Holdings Inc. (NASDAQ: AGMH) is an integrated technology company focused on the research, development, assembly and sale of high-performance hardware and computing equipment. Its business covers ASIC computing technology, cryptocurrency mining equipment, high-performance server systems and emerging AI infrastructure solutions.

For more information, please visit https://agmhgroup.com/.

About HashBeaver

HashBeaver is a digital infrastructure company focused on ASIC chip development, Bitcoin mining technology, mining pool services, DePIN nodes and distributed computing solutions. It seeks to connect hardware devices, computing networks and AI services.

For more information, please visit https://hashbeaver.com/.

Forward Looking Statements

This announcement contains forward-looking statements, including statements regarding volume production, certification, sales channels, commercial deliveries, AI and AI agent capabilities, platform integration, pricing models, revenue growth, cost management and business synergies. These statements are based on the Company’s current expectations, involve known and unknown risks and uncertainties, and do not constitute guarantees of future revenue, profitability or product performance.

Actual results may differ materially due to factors including product development and certification timelines, component availability, funding and working capital requirements, manufacturing costs, market demand, customer payments and returns, cooperation agreements, cloud service costs, changes in Bitcoin market conditions, and applicable laws and regulations. Investors should also review the related risks disclosed in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to publicly update any forward-looking statement except as required by law.

Investor Relations Contact

AGM Group Holdings Inc.
Email: ir@agmhgroup.com
Website: https://agmhgroup.com/