Author: Ravi Shankar

The 2026 Vertex CompOps™ Index finds that enterprises where indirect tax reaches the board regularly, are four times less likely to say errors are most often identified externally and nearly twice as likely to answer tax-authority notices within five business days

KING OF PRUSSIA, Pa., Nov. 11, 2026 (GLOBE NEWSWIRE) — Vertex, Inc. (NASDAQ:VERX) (“Vertex” or the “Company”), the Decision-to-Defense™ global indirect tax and compliance company, today released the 2026 Vertex CompOps™ Index, a global study of how enterprises govern indirect tax and compliance, and how closely tax, IT, and finance work together to run it.

At most enterprises, indirect tax has no standing place in the room where strategy is set. Only one in six (16%) reports it as a standing item at board or executive-committee level, and at 43%, it surfaces only when a problem arises, if ever. Those that discuss it there at least periodically look markedly different. They are one-quarter as likely to say their errors are usually identified by external parties (4% vs. 16%), nearly twice as likely to answer a tax-authority notice within five business days (48% vs. 26%), and half as likely to make and verify taxability changes entirely by hand (13% vs. 26%).

“Indirect tax is one of the few functions where determinations are made continuously, exposure is lasting, but conversations about risk are episodic and after the fact,” said Allison Cerra, Chief Marketing Officer at Vertex. “The enterprises running indirect tax best govern it like any other strategic function, as a recurring part of how the business is run, not only when issues surface. The gap between those two postures is not a matter of scale. It is a matter of attention.”

The gaps extend to AI. Among enterprises that discuss indirect tax at least periodically at the board level, 54% say AI now operates largely autonomously or handles routine work in their tax workflows, compared with 21% of those that do not. They are also more likely to have a dedicated budget and a named executive owner for AI in indirect tax.

The Index also sorts enterprises into four tiers of AI capability in indirect tax and compliance, scored on data and system readiness, enablement, governance, and deployment. The most capable tier (13% of enterprises studied) treats indirect tax as an investment priority rather than a maintenance item: 85% of its IT leaders describe it as a funded strategic priority on the technology roadmap, against 5% in the least capable tier. The most capable tier also stays ahead of regulatory change: 55% proactively monitor for changes with automated updates, against 9% of the least capable tier.

Every group shares one problem: proving their tax position. About half of enterprises (52%) take a more conservative approach when they lack sufficient evidence, and among those holding indirect tax reserves, 73% say at least a quarter of the reserve is tied to tax treatments they cannot readily substantiate, not because the law is unclear.

“The findings suggest that operational maturity in indirect tax is less about organization size and more about governance,” said Kevin Permenter, Research Director, Enterprise Applications at IDC. “With compliance requirements becoming increasingly continuous, organizations that integrate tax into broader business and technology decisions appear far better positioned to adapt to change, manage risk proactively, and maintain visibility across the compliance lifecycle.”

The 2026 Vertex CompOps Index reveals where indirect tax risk hides and how leading enterprises get ahead of what’s next. It is available at https://vertexcompops.kinsta.cloud/.

About Vertex  
Vertex is the Decision-to-Defense™ global indirect tax and compliance company. Vertex helps enterprises bring control to indirect tax and compliance across the full transaction lifecycle — from tax determination and e-invoicing through reporting, filing, and audit defense — to make outcomes easier to prove and improve over time. Trusted by more than 60% of the Fortune 500, Vertex combines decades of tax expertise, deep global tax and compliance knowledge, and embedded integrations to help organizations operate globally with confidence. With headquarters in North America and offices in South America and Europe, Vertex’s purpose is to ensure businesses and communities thrive through trusted transactions.

For more information, visit www.vertexinc.com or follow us on X and LinkedIn, or subscribe on YouTube.

About the research
The 2026 Vertex CompOps Index is based on a double-blind survey of 750 decision makers at enterprises with at least $250 million in annual revenue and 1,000 or more employees, conducted by Emerald Research Group on behalf of Vertex in August and September 2026. Respondents were drawn from the United States, the United Kingdom, Germany, and France, and spanned information technology, tax, and finance functions, each with authority over or influence on enterprise indirect tax and compliance technology decisions. Respondents were not informed of the study’s sponsor. Results are weighted.

The Index sorts enterprises into four tiers of AI capability, scored from 0 to 100. References to the “least capable” and “most capable” tiers refer to the lowest and highest of those four, which represent 20% and 13% of the enterprises studied, respectively. The tiers are not quartiles. Comparisons by board-level cadence are based on finance and tax respondents (n=369) and describe differences between organizations at a single point in time; they do not establish that board-level attention causes any outcome. Certain measures were asked only of specific functions and are reported on that base. The study measured where errors are identified, not how frequently they occur; no comparison of error rates between organizations is implied. Full methodology is available in the report.

Copyright © 2026 Vertex, Inc. All rights reserved. The information contained herein is intended for information purposes only, may change at any time in the future, and is not legal or tax advice. Any product direction and potential roadmap information is not a guarantee, may not be incorporated into any contract, and is not a commitment to deliver any material, code, or functionality. This information should not be relied upon in making purchasing, legal, or tax decisions. The development, release, and timing of any features or functionality described for Vertex’s products remain at the sole discretion of Vertex, Inc. Any statements in this release that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. All forward-looking statements are subject to various risks and uncertainties described in Vertex’s filings with the US Securities and Exchange Commission (“SEC”) that could cause actual results to differ materially from expectations. Vertex cautions readers not to place undue reliance on these forward-looking statements, which Vertex has no obligation to update and which speak only as of their dates.

Vertex Company Contact: mediainquiries@vertexinc.com  

Conference call and webcast to be held at 8:30 a.m. ET / 2:30 p.m. CET

LONDON, Nov. 11, 2026 (GLOBE NEWSWIRE) — newcleo plc (Nasdaq: NWCL) (“newcleo” or the “Company”), a pioneer in advanced modular reactor (“AMR”) technology and nuclear fuel manufacturing, today announced that it will release operational updates and preliminary financial information for the third quarter ended September 30, 2026, before the U.S. market opens on Wednesday, November 18, 2026. The release will be followed by a conference call and webcast.

The call will begin at 8:30 a.m. Eastern Time (2:30 p.m. Central European Time), and management will discuss recent operational progress, strategic developments, and preliminary financial information. Speakers will include Stefano Buono, Founder and Chief Executive Officer, and Jon Stranske, Chief Financial Officer.

Conference Call Details

• Event: newcleo Q3 2026 Business Update Conference Call and Webcast
• Date: Wednesday, November 18, 2026
• Time: 8:30 a.m. ET / 2:30 p.m. CET
• Webcast: Available here and at https://investors.newcleo.com/  
• Telephone Dial-in: 1-800-274-8461 (US) or 1-203-518-9814 (International); Conference ID: NEWCLEO
• Materials: A presentation will be posted at https://investors.newcleo.com/ before the call.
• Replay Dial-In: 1-844-512-2921 (US) or 1-412-317-6671 (International); Access ID: 11162908

About newcleo

newcleo is a nuclear technology company developing advanced modular reactors and nuclear fuel designed to deliver clean, safe and sustainable energy at competitive costs. newcleo’s technology combines lead-cooled fast reactors with fuel manufactured from recycled nuclear materials, with the aim of providing abundant and reliable electricity and heat to industrial users while enabling the closure of the nuclear fuel cycle. newcleo brings together more than 900 highly skilled employees across Europe and the United States, spanning reactor and fuel design, engineering, and manufacturing. Through a vertically integrated supply chain and a growing network of strategic partnerships, newcleo is working to turn proven scientific and engineering solutions into deployable nuclear energy assets. For more information, visit www.newcleo.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the U.S. federal securities laws. All statements contained in this press release other than statements of historical fact, including, without limitation, statements regarding the Company’s development and commercialization of its lead-cooled fast reactor technology, mixed-oxide fuel capabilities and related products and services; the expected timing, cost, performance and benefits of the Company’s demonstration projects, fuel facilities, reactor deployments and licensing activities; the Company’s ability to execute its business strategy, develop its technology, obtain required regulatory approvals, permits and licenses, enter into commercial arrangements, achieve its market opportunity and positioning and support the growth of advanced nuclear energy; the Company’s expectations regarding strategic partnerships, customer demand, project pipeline, revenue streams, capital expenditures and financing needs; and other statements regarding management’s intentions, beliefs, or expectations with respect to the Company’s future performance, are forward-looking statements. Forward-looking statements are often identified by the use of words such as “anticipate,” “believe,” “continue,” “could,” “develop,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and similar expressions, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements are based on the Company’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Readers should carefully consider the risks and uncertainties described in other documents filed or furnished from time to time by the Company with the SEC. Additional risks and uncertainties not currently known or that are currently deemed immaterial may also cause actual results to differ materially from those expressed or implied by such forward-looking statements. Readers are cautioned not to put undue reliance on forward-looking statements, and except as required by mandatory applicable law, the Company does not assume any obligation or intend to update or revise these forward-looking statements, each of which is made only as of the date of this press release.

Contacts

Investors: newcleo@icrinc.com

Media: media@newcleo.com

PITTSBURGH, Nov. 11, 2026 (GLOBE NEWSWIRE) — Longevity Health Holdings, Inc. (OTCQB: XAGE) (“Longevity” or the “Company”) today announced that its Board of Directors (the “Board”) is exploring and evaluating strategic alternatives for the Company’s bio-aesthetic and therapeutic businesses to maximize value for the Company and its stakeholders.

As part of this process, Longevity intends to evaluate a range of potential transactions, including, but not limited to, a merger, reverse merger or other business combination; a sale or license of one or more of the Company’s businesses or assets; a strategic partnership; or other transactions.

“With the Puritan Partners litigation settled, now is the right time to take a disciplined look at every path available to the Company,” said Ram Ajjarau, Chairman and Chief Executive Officer of Longevity. “We have built a portfolio of regenerative skincare brands in addition to our bone and tissue healing therapeutic products whose further development has been on pause, and the Board is committed to pursuing the path that best serves the Company and its stakeholders.”

The Company has not set a timetable for the review and has made no decision to pursue any specific alternative. There can be no assurance that the review will result in any transaction or other outcome. The Company does not intend to disclose further developments unless and until the Board approves a specific transaction or otherwise determines that disclosure is appropriate or required.

About Longevity Health Holdings, Inc.
Longevity Health Holdings, Inc. is focused on longevity and healthy aging, encompassing the latest scientific advances in regenerative bio-aesthetics. The Company develops, manufactures, and markets cosmetic skincare and haircare products designed to help people look and feel their best at any age. In addition, the Company’s product pipeline also includes innovative regenerative bone and tissue healing products, on which further research and development has been paused. For more information, visit www.healthxage.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These include statements about the Company’s review of strategic alternatives, the potential transactions the Company may evaluate or pursue,  the Company’s ability to maximize value for its stakeholders, the value of the Company’s businesses and assets, and the status and future development of the Company’s product pipeline, including its bone and tissue healing products. Words such as “may,” “will,” “intend,” “explore,” “evaluate,” “potential,” “pursue,” “committed,” “maximize,” “believe” and similar expressions identify forward-looking statements. They are based on management’s current expectations and are subject to risks and uncertainties that could cause actual results to differ materially. These include, among others: the possibility that the review does not result in any transaction; the terms, timing, structure and completion of any transaction; the Company’s limited cash resources and its ability to continue as a going concern; its ability to obtain additional financing; its obligations under its senior secured convertible notes, including the security interests and the prepayment and default remedies under those notes; the potential dilution to stockholders; the possible diversion of management’s attention; and the other risks described in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q for the quarter ended June 30, 2026. Forward-looking statements speak only as of the date of this release. Except as required by law, the Company undertakes no obligation to update them.

Investor Contact
Bryan Cassaday
bcassaday@healthxage.com

Company to demonstrate its DUST-E robot’s integration with CCTV security cameras to support proactive autonomous cleaning workflow capabilities

Executive sales director Christian Barnes to present a session on building a robotic floor care program on November 16 at 11 a.m. PST

LAS VEGAS, Nov. 11, 2026 (GLOBE NEWSWIRE) — Richtech Robotics Inc. (Nasdaq: RR) (“Richtech Robotics” or “the Company”), a Nevada-based provider of AI-driven service robots, announced its participation in ISSA Show North America 2026, taking place November 17–19, 2026, at the Mandalay Bay Convention Center in Las Vegas. At the event, Richtech Robotics will introduce its Intelligent Cleaning System, designed to connect autonomous cleaning robots, camera-based monitoring, and centralized operational data to enable more intelligent, efficient, and responsive hygiene and environmental monitoring. Richtech Robotics will exhibit at Booth #241 in the Robotics Experience Pavilion, where attendees can experience live demonstrations of the new system.

“Facilities management is evolving beyond individual robotic solutions toward fully integrated systems that can coordinate tasks and respond dynamically to operational needs,” said Wayne Huang, CEO of Richtech Robotics. “Our new Intelligent Cleaning System is designed to bring that vision to life by connecting autonomous robots with real-time facility intelligence. Our work to enable DUST-E robots to identify and respond to cleaning needs marks the beginning of what we aim to achieve with this technology. As we develop these capabilities, our focus is on helping organizations connect robotic solutions across multiple operational tasks.”

Richtech Robotics’ new cleaning system can integrate existing indoor CCTV cameras with DUST-E autonomous cleaning robots to identify areas requiring cleaning and automatically initiate targeted cleaning tasks. A centralized dashboard provides robot locations, cleaning records, equipment status, and alerts for maintenance and consumable replacement. The system is part of the company’s shared robotics ecosystem, which supports the integration of cleaning and other robotic solutions. At its ISSA booth, Richtech Robotics will showcase Titan 440, DEX, Matradee Plus, DUST-E S, and DUST-E MX. The Company will also debut a video themed “One Ecosystem, Every Task in Sync,” illustrating how its robots connect within the ecosystem.

As part of the event, Christian Barnes, Executive Sales Director at Richtech Robotics, will present a session titled “Beyond the Robot: Building a Complete Robotics Floor Care Program.” The presentation will take place on November 16 at 11 a.m. PST and explore how autonomous floor-care solutions can help organizations optimize labor allocation, improve operational consistency, and establish measurable proof of work.

ISSA Show North America is a leading event for the cleaning and facility solutions industry, bringing together manufacturers, distributors, facility management professionals, and industry leaders to explore emerging technologies and innovations shaping the future of commercial cleaning. For more information, visit the event’s website.

About Richtech Robotics
Richtech Robotics develops advanced robotic solutions and the data infrastructure that makes its robots more intelligent. Guided by three strategic pillars — Industrial, Commercial, and Data Services — Richtech Robotics aims to deliver dependable automation, consistent service performance, and continuous AI-driven improvement at scale. From factory floors to hospitality venues, Richtech’s robots work alongside people to enhance efficiency, precision, and quality. Learn more at www.RichtechRobotics.com, and connect with them on X, LinkedIn and YouTube.

Forward Looking Statements
Certain statements in this press release are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. These statements may be identified by the use of forward-looking words such as “anticipate,” “believe,” “forecast,” “estimate,” “expect,” and “intend,” among others. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties.

These forward-looking statements are based on Richtech Robotics’ current expectations and actual results could differ materially. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. Investors should read the risk factors set forth in Richtech Robotics’ Annual Report on Form 10-K/A, filed with the Securities and Exchange Commission (the “SEC”) on August 7, 2026, and periodic reports filed with the SEC on or after the date thereof. All of Richtech Robotics’ forward-looking statements are expressly qualified by all such risk factors and other cautionary statements. The information set forth herein speaks only as of the date thereof. New risks and uncertainties arise over time, and it is not possible for Richtech Robotics to predict those events or how they may affect Richtech Robotics. If a change to the events and circumstances reflected in Richtech Robotics’ forward-looking statements occurs, Richtech Robotics’ business, financial condition and operating results may vary materially from those expressed in Richtech Robotics’ forward-looking statements.

Readers are cautioned not to put undue reliance on forward-looking statements, and Richtech Robotics assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events or otherwise.

Contacts:

Investors:
CORE IR
investors@richtechrobotics.com

Media:
Robert Ledo
press@richtechrobotics.com

ATHENS, Greece, Nov. 11, 2026 (GLOBE NEWSWIRE) — EuroDry Ltd. (NASDAQ: EDRY, the “Company” or “EuroDry”), an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk cargoes, announced today its results for the three and nine-month periods ended September 30, 2026.

Third Quarter 2026 Highlights:

• Total net revenues for the quarter of $19.4 million.
• Net income attributable to controlling shareholders, of $6.9 million or $2.43 and $2.39 earnings per share attributable to controlling shareholders basic and diluted, respectively.
• Adjusted net income¹ attributable to controlling shareholders for the quarter of $6.7 million or $2.36 and $2.32 adjusted earnings per share attributable to controlling shareholders basic and diluted, respectively.
• Adjusted EBITDA¹ for the quarter was $11.3 million.
• An average of 11.0 vessels were owned and operated during the third quarter of 2026 earning an average time charter equivalent rate of $20,551 per day. Refer to a subsequent section of the Press Release for the definition and method of calculation of the time charter equivalent rate.

•  To-date, about $5.8 million has been used to repurchase 358,130 shares of the Company, under our share repurchase plan of up to $10 million, announced in August 2022. The Board approved the continuation of the share repurchase plan for a further year in August 2026 and will review it again after a period of twelve months.

Nine Months 2026 Highlights:

• Total net revenues of $49.9 million.
• Net income attributable to controlling shareholders was $13.7 million or $4.89 and $4.80 earnings per share attributable to controlling shareholders basic and diluted, respectively.
• Adjusted net income¹ attributable to controlling shareholders for the period was $14.0 million or $4.98 and $4.88 adjusted earnings per share attributable to controlling shareholders basic and diluted¹, respectively.
• Adjusted EBITDA¹ was $27.9 million.
• An average of 11.0 vessels were owned and operated during the first nine months of 2026 earning an average time charter equivalent rate of $18,501 per day. Refer to a subsequent section of the Press Release for the definition and method of calculation of the time charter equivalent rate.

Recent developments and financing arrangements:

• As previously announced, the Company signed a contract with Hengli Shipbuilding (Dalian) for the construction of a third 82,000 DWT Kamsarmax bulk carrier. The vessel will be built to an eco-design specification compliant with EEDI Phase 3 standards and is scheduled to be delivered during the third quarter of 2029. The total consideration for the newbuilding contract is approximately $37.0 million and is expected to be financed with a combination of debt and equity. The contract is conditional upon receiving a refund guarantee from a bank acceptable to the Company.
• During September and October 2026, the Company re-established its At-The-Market (“ATM”) program raising the amount of $10.7 million by issuing 163,753 common shares (approximately 5.4% of its outstanding shares) at an average price of $67.54.

__________________________
¹Adjusted EBITDA, Adjusted net (loss) / income attributable to controlling shareholders and Adjusted (loss) / earnings per share attributable to controlling shareholders are not recognized measurements under US GAAP (GAAP) and should not be used in isolation or as a substitute for EuroDry’s financial results presented in accordance with GAAP. Refer to a subsequent section of the Press Release for the definitions and reconciliation of these measurements to the most directly comparable financial measures calculated and presented in accordance with GAAP.

Aristides Pittas, Chairman and CEO of EuroDry, commented: “During the third quarter of 2026 market rates for the vessel segments we operate recorded recent years highs, a development that was reflected in our financial results for the quarter. While the market for our segments has softened a bit during the month of October, more so for Panamax/Kamsarmax vessels than for Ultramax ones, it is still at levels that, if maintained, will generate significant earnings for our fleet. We remain optimistic about the prospects of the drybulk market as a normal orderbook level after several years of underbuilding is put against increased vessel demand stemming from both revived drybulk trades and continuing inefficiencies in the transportation system.

“Our share price reacted to the strength of the shipping rates reaching new highs and exceeding for a certain period our Net Asset Value per share (“NAV”). We took advantage of this development and raised about $10.7m at price levels accretive to NAV. Those funds along with funds from the recent refinancing of one of our vessels as well as funds generated by operations have resulted at cash balance at the end of the quarter of more than $50m net of any restricted cash, thus, providing us with significant liquidity to fund the equity portion of our expanded newbuilding program and invest in accretive opportunities when they appear.

“We are very pleased with these developments and with the expansion of our newbuilding program which now consists of five vessels in total after we ordered an additional Kamsarmax vessel. This program, when completed, will result in our fleet being one of the youngest amongst our peers with a minimal environmental footprint. In a period of continuing geopolitical instability, rebalancing of trade flows and adjustment of trading routes, we believe that a young and efficient fleet will ensure increased financial rewards for our shareholders.”

Tasos Aslidis, Chief Financial Officer of EuroDry, commented: “Comparing our results for the third quarter of 2026 with the same period of 2025, our net revenues increased by about $5.0 million, due to the increased time charter equivalent rates our vessels earned for the period partly offset by the lower average number of vessels owned and operated in the period as compared to the third quarter of 2025. The time charter equivalent rates our vessels earned for the period were at $20,551, 55.3% higher compared to $13,232 earned in the third quarter of 2025. On average, 11.0 vessels were owned and operated during the third quarter of 2026 compared to 12.0 vessels in the same period of 2025. Operating expenses, including management fees, increased from $6,328 per vessel per day in the third quarter of 2025 to $6,917 in the third quarter of 2026 mainly due to the depreciation of the US dollar and due to the increased cost of vessel supplies during the period, because of the war in the Middle East region, while General and Administrative expenses averaged $770 per vessel per day during the third quarter of 2026 as compared to $685 per vessel per day for the same quarter of last year due to increased cost for our stock incentive plan.

Adjusted EBITDA during the third quarter of 2026 was $11.3 million compared to $4.1 million achieved for the third quarter of last year. As of September 30, 2026, our outstanding debt (excluding the unamortized loan fees) was $105.7 million while unrestricted and restricted cash was $55.1 million. As of the same date, our scheduled debt repayments including balloon payments over the next 12 months amounted to about $11.1 million (excluding the unamortized loan fees) and all our loan covenants are satisfied.”

Third Quarter 2026 Results:

For the third quarter of 2026, the Company reported total net revenues of $19.4 million representing a 34.9% increase over total net revenues of $14.4 million during the third quarter of 2025, which was primarily the result of the increased time charter equivalent rates our vessels earned for the period partly offset by the lower average number of vessels operating in the third quarter of 2026 compared to the corresponding period of 2025. On average, 11.0 vessels were owned and operated during the third quarter of 2026 earning an average time charter equivalent rate of $20,551 per day compared to 12.0 vessels in the same period of 2025 earning on average $13,232 per day.

For the third quarter of 2026, a gain on bunkers resulted in positive voyage expenses of $0.1 million, as compared to voyage expenses of $1.2 million for the same period in 2025, mainly reflecting costs related to vessels repositioning between charters and expenses incurred during operational off-hire periods.

Vessel operating expenses increased to $6.0 million for the third quarter of 2026 from $5.9 million for the third quarter of 2025. The increase is due to the increased cost of vessel supplies during the period, because of the war in the Middle East region, partly offset by the lower average number of vessels owned and operated in the third quarter of 2026 compared to the corresponding period of 2025.

During the third quarter of 2026, one of our vessels completed her intermediate survey in-water, for a total cost of $0.1 million. During the third quarter of 2025, one of our vessels completed her special survey with drydocking which commenced in the second quarter of 2025, for a total cost of $1.1 million. The additional cost of $0.2 million for the second quarter of 2025 relates to expenses incurred in relation to an upcoming special survey with drydocking.

Vessel depreciation for the third quarter of 2026 amounted to $2.9 million, compared to $3.1 million for the same period of 2025. This decrease is again due to the lower number of vessels operating in the third quarter of 2026 as compared to the same period of 2025.

Related party management fees for the period decreased to $1.0 million compared to $1.1 million for the same period of last year. This was the result of the decreased number of vessels owned and operated in the third quarter of 2026, partly offset by the adjustment for inflation in the daily vessel management fee, effective from January 1, 2026, increasing it from 850 Euros to 875 Euros.

General and administrative expenses remained at the same level of $0.8 million in the third quarter of 2026 and 2025.

Total interest and other financing costs for the third quarter of 2026 amounted to $1.5 million, of which $0.1 million related to interest charged and capitalized in relation to our newbuilding program was, compared to $1.7 million for the same period of 2025. Interest expense during the third quarter of 2026 was lower mainly due to the decreased benchmark rates of our loans, partly offset by the increased average debt during the third quarter of 2026, as compared to the same period of last year.

For the three months ended September 30, 2026, the Company recognized a $0.24 million realized loss and a $0.19 million unrealized gain on forward freight agreement contracts. For the three months ended September 30, 2025, the Company recognized a $0.025 million unrealized loss and a $0.03 million realized gain on one interest rate swap contract.

Interest income for the third quarter of 2026 amounted to $0.10 million compared to $0.15 million interest income for the same period of 2025.

The Company reported net income for the period of $7.3 million and net income attributable to controlling shareholders of $6.9 million, as compared to a net loss of $0.5 million and a net loss attributable to controlling shareholders of $0.7 million for the same period of 2025. The net income attributable to the non-controlling interest of $0.5 million in the third quarter of 2026 represents the income attributable to the 39% ownership of the entities owning the M/V Christos K and M/V Maria represented by NRP Project Finance AS (“NRP investors”) (the “Partnership”).

Adjusted EBITDA for the third quarter of 2026 was $11.3 million compared to $4.1 million achieved during the third quarter of 2025.

Basic and diluted earnings per share attributable to controlling shareholders for the third quarter of 2026 was $2.43 and $2.39 calculated on 2,827,546 and 2,875,928 basic and diluted weighted average number of shares outstanding, compared to loss per share attributable to controlling shareholders of $0.24 calculated on 2,766,597 basic and diluted weighted average number of shares outstanding for the third quarter of 2025.

Excluding the effect on the net income attributable to controlling shareholders for the quarter of the unrealized (gain) / loss on derivatives, the adjusted earnings attributable to controlling shareholders for the quarter ended September 30, 2026 would have been $2.36 and $2.32 per share basic and diluted, compared to adjusted loss attributable to controlling shareholders of $0.23 per share basic and diluted, for the quarter ended September 30, 2025. Usually, security analysts do not include the above item in their published estimates of earnings per share.

First Nine Months 2026 Results:

For the first nine months of 2026, the Company reported total net revenues of $49.9 million representing a 43.1% increase over total net revenues of $34.9 million during the first nine months of 2025, which was mainly the result of the increased time charter equivalent rates our vessels earned for the period partly offset by the lower number of vessels operated during the nine-month period of 2026 compared to the same period of 2025. On average, 11.0 vessels were owned and operated during the first nine months of 2026 earning an average time charter equivalent rate of $18,501 per day compared to 12.3 vessels in the same period of 2025 earning on average $10,210 per day.

For the nine months of 2026, a gain on bunkers resulted in positive voyage expenses of $1.9 million. For the same period of 2025, voyage expenses, net, were $3.7 million, mainly reflecting costs related to vessels repositioning between charters and expenses incurred during operational off-hire periods.

Vessel operating expenses were $17.0 million for the nine months of 2026 as compared to $18.7 million for the same period of 2025. The decrease is mainly attributable to the decreased number of vessels operating in the first nine months of 2026, partly offset by the increased cost of vessel supplies during the period, because of the war in the Middle East region compared to the corresponding period of 2025.

In the first nine months of 2026, one of our vessels completed its special survey with drydock which commenced in the fourth quarter of 2025 and two of our vessels completed their intermediate survey in water for a total cost of $0.9 million. During the same period of 2025, one vessel completed her intermediate survey in water, and another one completed her special survey with drydocking for a total cost of $1.5 million. The additional cost of $0.2 million relates to expenses incurred in relation to an upcoming special survey with drydocking.

Vessel depreciation for the first nine months of 2026 was $8.7 million compared to $9.5 million during the same period of 2025, mainly due to the lower number of vessels operating in the same period.

Related party management fees for the first nine months of 2026 were decreased to $3.1 million from $3.3 million for the same period of 2025 due to the lower average number of vessels owned and operated in the nine month period of 2026 partly offset by the adjustment for inflation in the daily vessel management fee, effective from January 1, 2026, increasing it from 850 Euros to 875 Euros, and the unfavorable movement of the euro/dollar exchange rate during the period.

General and administrative expenses in the first nine months of 2026 were slightly increased to $2.5 million as compared to $2.4 million for the same period of last year, mainly due to increased cost for our stock incentive plan.

On January 29, 2025, the Company signed an agreement to sell M/V Tasos, a 75,100 dwt drybulk vessel, built in 2000, for demolition, for approximately $5 million. The vessel was delivered to its buyers, an unaffiliated third party, on March 17, 2025, resulting in a gain on sale of $2.1 million. No case of vessel sale exists within the first nine months of 2026.

Total interest and other financing costs for the first nine months of 2026 amounted to $4.5 million, of which $0.1 million relates to interest charged and capitalized in relation to our newbuilding program was, compared to $5.2 million for the same period of 2025. This decrease is mainly due to the decreased benchmark rates of our loans, partly offset by the increased average debt during the first nine months of 2026, as compared to the same period of last year.

For the nine months ended September 30, 2026, the Company recognized a $0.2 million unrealized loss and a $0.3 million realized loss on forward freight agreement contracts. For the nine months ended September 30, 2025, the Company recognized a $0.2 million unrealized loss and a $0.1 million realized gain on one interest rate swap.

Interest income for the first nine months of 2026 amounted to $0.15 million compared to $0.17 million interest income for the same period of 2025.

The Company reported net income for the period of $14.7 million and net income attributable to controlling shareholders of $13.7 million, as compared to a net loss of $7.6 million and a net loss attributable to controlling shareholders of $7.4 million, for the first nine months of 2025. The net income attributable to the non-controlling interest of $1.0 million in the first nine months of 2026 represents the income attributable to the 39% ownership of the Partnership.

Adjusted EBITDA for the first nine months of 2026 was $27.9 million compared to $5.0 million achieved during the first nine months of 2025.

Basic and diluted earnings per share attributable to controlling shareholders for the first nine months of 2026 was $4.89 and $4.80, calculated on 2,803,490 and 2,856,534 basic and diluted weighted average number of shares outstanding compared to loss per share attributable to controlling shareholders of $2.71, calculated on 2,747,171 basic and diluted weighted average number of shares outstanding for the same period of 2025.

Excluding the effect on the net income attributable to controlling shareholders for the first nine months of the year of the unrealized (gain) / loss on derivatives and the net gain on sale of vessel (if any), the adjusted earnings attributable to controlling shareholders for the nine-month period ended September 30, 2026, were $4.98 and $4.88, compared to adjusted loss attributable to controlling shareholders of $3.39 per share basic and diluted, for the nine-month period ended September 30, 2025. As previously mentioned, usually, security analysts do not include the above items in their published estimates of earnings per share.

Fleet Profile:

The EuroDry Ltd. fleet profile is as follows:

Name	Type	Dwt	Year Built	Employment(*)	TCE Rate ($/day)
Dry Bulk Vessels
EKATERINI	Kamsarmax	82,006	2018	TC until Jan-27	$18,600
XENIA	Kamsarmax	82,019	2016	TC until Nov-26	$21,000
ALEXANDROS P.	Ultramax	63,127	2017	TC until Nov-26	$30,000
CHRISTOS K***	Ultramax	63,197	2015	TC until Nov-26	$15,500
YANNIS PITTAS	Ultramax	63,243	2014	TC until Nov-26	Hire 115% of the Average Baltic Supramax S10TC index(**)
MARIA***	Ultramax	63,153	2015	TC until Dec-26	Hire 115% of the Average Baltic Supramax S10TC index(**)
GOOD HEART	Ultramax	62,996	2014	TC until Jun-27	Hire 115% of the Average Baltic Supramax S10TC index(**)
MOLYVOS LUCK	Supramax	57,924	2014	TC until Nov-26	Hire 101% of the Average Baltic Supramax S10TC index(**)
SANTA CRUZ	Panamax	76,440	2005	TC until Dec-26	$13,400
STARLIGHT	Panamax	75,611	2004	TC until Nov-26	$15,000
BLESSED LUCK	Panamax	76,704	2004	TC until Nov-26	$19,000
Total Dry Bulk Vessels	11	766,420

Vessels under construction	Type	Dwt	To be delivered
SBC XY164 (ARISTEIDIS)	Ultramax	63,500	Q2 2027
SBC XY166 (TROBONI)	Ultramax	63,500	Q3 2027
HL-B82-81 (NIKOS P)	Kamsarmax	82,000	Q1 2028
HL-B82-86 (CHRISTINA BEL)	Kamsarmax	82,000	Q2 2028
HL-B82-104 (KONSTANTINA TZ)	Kamsarmax	82,000	Q3 2029
Total under construction	5	373,000

Note:
(*)    TC denotes time charter. Charter duration indicates the earliest redelivery date
(**)   The average Baltic Supramax S10TC Index is an index based on ten Supramax time charter routes.
(***)  The entity owning the vessel is 61% owned by EuroDry Ltd. and 39% by NRP Investors.

Summary Fleet Data:

	3 months, ended September 30, 2025		3 months, ended September 30, 2026		9 months, ended September 30, 2025		9 months, ended September 30, 2026
FLEET DATA
Average number of vessels (1)	12.0		11.0		12.3		11.0
Calendar days for fleet (2)	1,104.0		1,012.0		3,351.0		3,003.0
Scheduled off-hire days incl. laid-up (3)	26.3		–		34.4		16.3
Available days for fleet (4) = (2) – (3)	1,077.7		1,012.0		3,316.6		2,986.7
Commercial off-hire days (5)	–		–		13.9		–
Operational off-hire days (6)	7.6		2.6		26.4		5.4
Voyage days for fleet (7) = (4) – (5) – (6)	1,070.1		1,009.4		3,276.3		2,981.3
Fleet utilization (8) = (7) / (4)	99.3	%	99.7	%	98.8	%	99.8	%
Fleet utilization, commercial (9) = ((4) – (5)) / (4)	100.0	%	100.0	%	99.6	%	100.0	%
Fleet utilization, operational (10) = ((4) – (6)) / (4)	99.3	%	99.7	%	99.2	%	99.8	%
AVERAGE DAILY RESULTS
Time charter equivalent rate (11)	13,232		20,551		10,210		18,501
Vessel operating expenses excl. drydocking expenses (12)	6,328		6,917		6,567		6,706
General and administrative expenses (13)	685		770		718		831
Total vessel operating expenses (14)	7,013		7,687		7,285		7,537
Drydocking expenses (15)	1,184		132		515		300

(1) Average number of vessels is the number of vessels that constituted the Company’s fleet for the relevant period, as measured by the sum of the number of calendar days each vessel was a part of the Company’s fleet during the period divided by the number of calendar days in that period.

(2) Calendar days. We define calendar days as the total number of days in a period during which each vessel in our fleet was owned by us including off-hire days associated with major repairs, drydockings or special or intermediate surveys or days of vessels in lay-up. Calendar days are an indicator of the size of our fleet over a period and affect both the amount of revenues and the amount of expenses that we record during that period.

(3) The scheduled off-hire days including vessels laid-up are days associated with scheduled repairs, drydockings or special or intermediate surveys or days of vessels in lay-up.

(4) Available days. We define available days as the total number of Calendar days in a period net of scheduled off-hire days incl. laid up. We use available days to measure the number of days in a period during which vessels were available to generate revenues.

(5) Commercial off-hire days. We define commercial off-hire days as days a vessel is idle without employment.

(6) Operational off-hire days. We define operational off-hire days as days associated with unscheduled repairs or other off-hire time related to the operation of the vessels.

(7) Voyage days. We define voyage days as the total number of days in a period during which each vessel in our fleet was in our possession net of commercial and operational off-hire days, but including days our vessels were sailing for repositioning. We use voyage days to measure the number of days in a period during which vessels actually generate revenues or are sailing for repositioning purposes.

(8) Fleet utilization. We calculate fleet utilization by dividing the number of our voyage days during a period by the number of our available days during that period. We use fleet utilization to measure a company’s efficiency in finding suitable employment for its vessels and minimizing the amount of days that its vessels are off-hire for reasons such as unscheduled repairs or days waiting to find employment.

(9) Fleet utilization, commercial. We calculate commercial fleet utilization by dividing our available days net of commercial off-hire days during a period by our available days during that period.

(10) Fleet utilization, operational. We calculate operational fleet utilization by dividing our available days net of operational off-hire days during a period by our available days during that period.

(11) Average time charter equivalent rate, or average TCE, is a metric of the average daily net revenue performance of our vessels. Our method of calculating average TCE is determined by dividing time charter revenue and voyage charter revenue, if any, net of voyage expenses by voyage days for the relevant time period. Voyage expenses primarily consist of port, canal and fuel costs that are unique to a particular voyage, which would otherwise be paid by the charterer under a time charter contract or are related to repositioning the vessel for the next charter. Average TCE provides additional meaningful information in conjunction with time charter revenue and voyage charter revenue, if any, the most directly comparable GAAP measure, because it assists our management in making decisions regarding the deployment and use of our vessels and because we believe that it provides useful information to investors regarding our financial performance. Average TCE is a standard shipping industry performance metric used primarily to compare period-to-period changes in a shipping company’s performance despite changes in the mix of charter types (i.e., spot voyage charters, time charters, pool agreements and bareboat charters) under which the vessels may be employed between the periods. Our definition of average TCE may not be comparable to that used by other companies in the shipping industry.

(12) We calculate daily vessel operating expenses, which include crew costs, provisions, deck and engine stores, lubricating oil, insurance, maintenance and repairs and related party management fees by dividing vessel operating expenses and related party management fees by fleet calendar days for the relevant time period. Drydocking expenses are reported separately.

(13) Daily general and administrative expenses are calculated by us by dividing general and administrative expenses by fleet calendar days for the relevant time period.

(14) Total vessel operating expenses, or TVOE, is a measure of our total expenses associated with operating our vessels. We compute TVOE as the sum of vessel operating expenses, related party management fees and general and administrative expenses; drydocking expenses are not included. Daily TVOE is calculated by dividing TVOE by fleet calendar days for the relevant time period.

(15) Daily drydocking expenses are calculated by us by dividing drydocking expenses by the fleet calendar days for the relevant period. Drydocking expenses include expenses during drydockings that would have been capitalized and amortized under the deferral method. Drydocking expenses could vary substantially from period to period depending on how many vessels underwent drydocking during the period. The Company expenses drydocking expenses as incurred.

Conference Call and Webcast:
Today, November 11, 2026 at 9:30 a.m. Eastern Time, the Company’s management will host a conference call and webcast to discuss the results. 

Conference Call details:
Participants should dial into the call 10 minutes before the scheduled time using the following numbers: 877-405-1226 (US Toll-Free Dial In) or +1 201-689-7823 (US and Standard International Dial In). Please quote “EuroDry” to the operator and/or conference ID 13763751. Click here for additional participant International Toll-Free access numbers.

Alternatively, participants can register for the call using the call me option for a faster connection to join the conference call. You can enter your phone number and let the system call you right away. Click here for the call me option.

Audio webcast – Slides Presentation:
There will be a live and then archived webcast of the conference call and accompanying slides, available on the Company’s website. To listen to the archived audio file, visit our website http://www.eurodry.gr and click on Company Presentations under our Investor Relations page. Participants to the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.

The slide presentation for the third quarter ended September 30, 2026, will also be available in PDF format 10 minutes prior to the conference call and webcast, accessible on the company’s website (www.eurodry.gr) on the webcast page. Participants to the webcast can download the PDF presentation. 

EuroDry Ltd. Unaudited Consolidated Condensed Statements of Operations (All amounts expressed in U.S. Dollars – except number of shares)
	Three Months Ended September 30,		Three Months Ended September 30,		Nine Months Ended September 30,		Nine Months Ended September 30,
	2025		2026		2025		2026
	(unaudited)				(unaudited)
Revenues
Time charter revenue	15,343,668		20,665,518		37,144,712		53,268,749
Commissions	(952,751	)	(1,252,714	)	(2,266,771	)	(3,364,551	)
Net revenues	14,390,917		19,412,804		34,877,941		49,904,198
Operating expenses / (income)
Voyage expenses, net	1,184,136		(78,688	)	3,693,486		(1,889,222	)
Vessel operating expenses	5,893,652		5,974,387		18,732,381		17,030,715
Drydocking expenses	1,307,379		133,328		1,726,852		900,782
Vessel depreciation	3,087,215		2,899,470		9,517,787		8,698,410
Related party management fees	1,092,950		1,025,998		3,275,137		3,108,403
General and administrative expenses	756,406		778,885		2,404,997		2,496,195
Net gain on sale of vessel	–		–		(2,083,596	)	–
Total Operating expenses	(13,321,738	)	(10,733,380	)	(37,267,044	)	(30,345,283	)
Operating income / (loss)	1,069,179		8,679,424		(2,389,103	)	19,558,915
Other income / (expenses)
Interest and other financing costs	(1,707,695	)	(1,402,468	)	(5,235,315	)	(4,438,450	)
Gain/ (loss) on derivatives, net	3,991		(51,452	)	(110,971	)	(579,522	)
Foreign exchange loss	(13,035	)	(1,182	)	(47,798	)	(7,604	)
Interest income	145,173		103,664		168,032		150,064
Other expenses, net	(1,571,566	)	(1,351,438	)	(5,226,052	)	(4,875,512	)
Net (loss) / income	(502,387	)	7,327,986		(7,615,155	)	14,683,403
Net (income) / loss attributable to non-controlling interest	(171,090	)	(466,108	)	167,485		(977,855	)
Net (loss) / income attributable to controlling shareholders	(673,477	)	6,861,878		(7,447,670	)	13,705,548
(Loss) / earnings per share attributable to controlling shareholders, basic	(0.24	)	2.43		(2.71	)	4.89
Weighted average number of shares, basic	2,766,597		2,827,546		2,747,171		2,803,490
(Loss) / earnings attributable to controlling shareholders, diluted	(0.24	)	2.39		(2.71	)	4.80
Weighted average number of shares, diluted	2,766,597		2,875,928		2,747,171		2,856,534

EuroDry Ltd. Unaudited Consolidated Condensed Balance Sheets (All amounts expressed in U.S. Dollars – except number of shares)
	December 31, 2025	September 30, 2026
ASSETS
Current Assets:
Cash and cash equivalents	20,315,532	50,701,238
Trade accounts receivable, net	3,305,910	5,277,772
Other receivables	941,061	1,215,392
Inventories	1,307,731	1,318,588
Restricted cash	2,156,922	1,193,542
Derivative	84,510	–
Prepaid expenses	511,167	493,543
Total current assets	28,622,833	60,200,075
Fixed assets:
Advances for vessels under construction	14,386,560	18,306,135
Vessels, net	165,890,705	157,351,816
Long-term assets:
Restricted cash	3,200,000	3,200,000
Total assets	212,100,098	239,058,026
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Long term bank loans, current portion	12,009,265	10,857,139
Trade accounts payable	2,174,191	1,303,908
Accrued expenses	3,070,630	2,818,102
Deferred revenue	842,172	161,309
Derivatives	–	163,088
Due to related companies	627,231	2,778,673
Total current liabilities	18,723,489	18,082,219
Long-term liabilities:
Long term bank loans, net of current portion	90,869,277	94,093,522
Total long-term liabilities	90,869,277	94,093,522
Total liabilities	109,592,766	112,175,741
Shareholders’ equity:
Common stock (par value $0.01, 200,000,000 shares authorized, 2,890,547 and 3,016,854 issued and outstanding, respectively)	28,905	30,168
Additional paid-in capital	68,551,846	78,632,133
Retained earnings	24,694,154	38,399,702
Total shareholders’ equity attributable to EuroDry Ltd. shareholders	93,274,905	117,062,003
Non-controlling interest	9,232,427	9,820,282
Total shareholders’ equity	102,507,332	126,882,285
Total liabilities and shareholders’ equity	212,100,098	239,058,026

EuroDry Ltd. Unaudited Consolidated Condensed Statements of Cash Flows  (All amounts expressed in U.S. Dollars)
	Nine Months Ended September 30,		Nine Months Ended September 30,
	2025		2026
Cash flows from operating activities:
Net (loss) / income	(7,615,155	)	14,683,403
Adjustments to reconcile net (loss) / income to net cash provided by operating activities:
Vessel depreciation	9,517,787		8,698,410
Net gain on sale of vessel	(2,083,596	)	–
Amortization and write off of deferred charges	216,577		226,261
Share-based compensation	611,063		713,743
Unrealized loss on derivatives	207,814		247,598
Changes in operating assets and liabilities	4,317,229		(1,779,445	)
Net cash provided by operating activities	5,171,719		22,789,970
Cash flows from investing activities:
Cash paid for vessel improvements	(121,571	)	(296,854	)
Net proceeds from vessel sale	4,819,195		–
Cash paid for vessel sale expenses	–		(68,048	)
Cash paid for vessels under construction	(1,703	)	(3,876,407	)
Net cash provided by / (used in) investing activities	4,695,921		(4,241,309	)
Cash flows from financing activities:
Contributions made by non-controlling shareholders	390,000		–
Distributions made to non-controlling shareholders	–		(390,000	)
Proceeds from issuance of common stock, net of commissions paid	–		9,918,949
Cash paid for share repurchases	–		(501,142	)
Loan arrangement fees paid	–		(180,733	)
Proceeds from long-term bank loans	–		22,591,591
Repayment of long-term bank loans	(10,287,500	)	(20,565,000	)
Net cash (used in) / provided by financing activities	(9,897,500	)	10,873,665
Net (decrease) / increase in cash, cash equivalents and restricted cash	(29,860	)	29,422,326
Cash, cash equivalents and restricted cash at beginning of period	11,908,595		25,672,454
Cash, cash equivalents and restricted cash at end of period	11,878,735		55,094,780
Cash breakdown
Cash and cash equivalents	6,712,559		50,701,238
Restricted cash, current	1,966,176		1,193,542
Restricted cash, long term	3,200,000		3,200,000
Total cash, cash equivalents and restricted cash shown in the statement of cash flows	11,878,735		55,094,780

EuroDry Ltd. Reconciliation of Net (loss) / income to Adjusted EBITDA (All amounts expressed in U.S. Dollars)
	Three Months Ended September 30, 2025		Three Months Ended September 30, 2026		Nine Months Ended September 30, 2025		Nine Months Ended September 30, 2026
Net (loss) / income	(502,387	)	7,327,986		(7,615,155	)	14,683,403
Interest and other financing costs, net (incl. interest income)	1,562,522		1,298,804		5,067,283		4,288,386
Vessel depreciation	3,087,215		2,899,470		9,517,787		8,698,410
Unrealized (gain) / loss on Forward Freight Agreement derivatives	–		(188,973	)	–		247,598
(Gain) / loss on interest rate swap derivative	(3,991	)	–		110,971		–
Net gain on sale of vessel	–		–		(2,083,596	)	–
Adjusted EBITDA	4,143,359		11,337,287		4,997,290		27,917,797

Adjusted EBITDA Reconciliation:
EuroDry Ltd. considers Adjusted EBITDA to represent net (loss) / income before interest and other financing costs, net (including interest income), income taxes, vessel depreciation, unrealized (gain) / loss on Forward Freight Agreement derivatives (“FFAs”), (gain) / loss on interest rate swap derivative and net gain on sale of vessel. Adjusted EBITDA does not represent and should not be considered as an alternative to net (loss) / income, as determined by United States generally accepted accounting principles, or GAAP. Adjusted EBITDA is included herein because it is a basis upon which the Company assesses its financial performance because the Company believes that this non-GAAP financial measure assists our management and investors by increasing the comparability of our performance from period to period by excluding the potentially disparate effects between periods of, financial costs, unrealized (gain) / loss on FFAs, (gain) / loss on interest rate swap derivative, net gain on sale of vessel and vessel depreciation. The Company’s definition of Adjusted EBITDA may not be the same as that used by other companies in the shipping or other industries. 

EuroDry Ltd. Reconciliation of Net (loss) / income attributable to controlling shareholders to Adjusted net (loss) / income attributable to controlling shareholders (All amounts expressed in U.S. Dollars – except share data and number of shares)
	Three Months Ended September 30, 2025		Three Months Ended September 30, 2026		Nine Months Ended September 30, 2025		Nine Months Ended September 30, 2026
Net (loss) / income attributable to controlling shareholders	(673,477	)	6,861,878		(7,447,670	)	13,705,548
Unrealized loss / (gain) on derivatives	25,189		(188,973	)	207,814		247,598
Net gain on sale of vessel	–		–		(2,083,596	)	–
Adjusted net (loss) / income attributable to controlling shareholders	(648,288	)	6,672,905		(9,323,452	)	13,953,146
Adjusted (loss) / earnings per share attributable to controlling shareholders, basic	(0.23	)	2.36		(3.39	)	4.98
Weighted average number of shares, basic	2,766,597		2,827,546		2,747,171		2,803,490
Adjusted (loss) / earnings per share attributable to controlling shareholders, diluted	(0.23	)	2.32		(3.39	)	4.88
Weighted average number of shares, diluted	2,766,597		2,875,928		2,747,171		2,856,534

Adjusted net (loss) / income attributable to controlling shareholders and Adjusted (loss) / income per share attributable to controlling shareholders Reconciliation:

EuroDry Ltd. considers Adjusted net (loss) / income attributable to controlling shareholders, to represent net (loss) / income before unrealized loss / (gain) on derivatives, which includes FFAs and interest rate swap, and net gain on sale of vessel. Adjusted net (loss) / income attributable to controlling shareholders and Adjusted (loss) / earnings per share attributable to controlling shareholders are included herein because we believe they assist our management and investors by increasing the comparability of the Company’s fundamental performance from period to period by excluding the potentially disparate effects between periods of unrealized loss / (gain) on derivatives and net gain on sale of vessel, which may significantly affect results of operations between periods.

Adjusted net (loss) / income attributable to controlling shareholders and Adjusted (loss) / earnings per share attributable to controlling shareholders do not represent and should not be considered as an alternative to net (loss) / income attributable to controlling shareholders or (loss) / earnings per share attributable to controlling shareholders, as determined by GAAP. The Company’s definition of Adjusted net (loss) / income attributable to controlling shareholders and Adjusted (loss) / earnings per share attributable to controlling shareholders may not be the same as that used by other companies in the shipping or other industries. Adjusted net (loss) / income attributable to controlling shareholders and Adjusted (loss) / earnings per share attributable to controlling shareholders are not adjusted for all non-cash income and expense items that are reflected in our statement of cash flows.

About EuroDry Ltd.
EuroDry Ltd. was formed on January 8, 2018 under the laws of the Republic of the Marshall Islands to consolidate the drybulk fleet of Euroseas Ltd into a separate listed public company. EuroDry was spun-off from Euroseas Ltd on May 30, 2018; it trades on the NASDAQ Capital Market under the ticker EDRY. 

EuroDry operates in the dry cargo, drybulk shipping market. EuroDry’s operations are managed by Eurobulk Ltd., an ISO 9001:2008 and ISO 14001:2004 certified affiliated ship management company and Eurobulk (Far East) Ltd. Inc., which are responsible for the day-to-day commercial and technical management and operations of the vessels. EuroDry employs its vessels on spot and period charters and under pool agreements.

The Company has a fleet of 11 vessels, including 3 Panamax drybulk carriers, 5 Ultramax drybulk carriers, 2 Kamsarmax drybulk carriers and 1 Supramax drybulk carrier. EuroDry’s 11 drybulk carriers have a total cargo capacity of 766,420 dwt. After the delivery of two Ultramax vessels in 2027 and the delivery of the three Kamsarmax vessels in 2028 and 2029, the Company’s fleet will consist of 16 vessels with a total carrying capacity of 1,139,420 dwt.

Forward Looking Statement
This press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and the Company’s growth strategy and measures to implement such strategy; including expected vessel acquisitions and entering into further time charters. Words such as “expects,” “intends,” “plans,” “believes,” “anticipates,” “hopes,” “estimates,” and variations of such words and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of the Company. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to changes in the demand for dry bulk vessels, competitive factors in the market in which the Company operates; risks associated with operations outside the United States; and other factors listed from time to time in the Company’s filings with the Securities and Exchange Commission. The Company expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in the Company’s expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. 

Visit our website www.eurodry.gr

Company Contact	Investor Relations / Financial Media
Tasos Aslidis Chief Financial Officer EuroDry Ltd. 11 Canterbury Lane, Watchung, NJ07069 Tel. (908) 301-9091 E-mail: aha@eurodry.gr	Nicolas Bornozis Markella Kara Capital Link, Inc. 230 Park Avenue, Suite 1540 New York, NY10169 Tel. (212) 661-7566 E-mail: eurodry@capitallink.com

Company implements cost-reduction measures, prioritizes balance sheet restructuring and Nasdaq listing compliance while continuing development of Standard Gold platform

NEW YORK, Nov. 11, 2026 (GLOBE NEWSWIRE) — Blue Gold Limited (Nasdaq: BGL) (Nasdaq: BGLWW) (“Blue Gold” or the “Company”) today provided an update on the strategic review announced on September 22, 2026, outlining measures intended to reduce operating costs, address balance sheet obligations and maintain the Company’s Nasdaq listing, while continuing to advance selected business initiatives.

Operating Cost Reductions

As part of its ongoing strategic review, Blue Gold has initiated measures to reduce its corporate cost structure, including targeted reductions in headcount, streamlining administrative functions, reviewing professional and advisory expenditures, and reducing discretionary operating expenses.

These initiatives are intended to align the Company’s operating expenditures more closely with available financial resources and its near-term strategic priorities.

The Company will continue evaluating additional opportunities to improve operating efficiency and simplify its organizational structure.

Balance Sheet Restructuring and Nasdaq Compliance

Blue Gold is prioritizing initiatives intended to address outstanding financial obligations, improve its capital structure and strengthen its balance sheet.

These efforts include evaluating potential restructuring arrangements with creditors and other stakeholders, as well as reviewing opportunities to reduce financial obligations.

Maintaining the Company’s Nasdaq listing remains a central priority. Blue Gold continues to evaluate available measures to address applicable continued listing requirements, including potential capital structure adjustments and other permitted alternatives.

There can be no assurance that these initiatives will result in successful restructuring arrangements or that the Company will regain or maintain compliance with all applicable Nasdaq listing requirements.

Standard Gold Platform Development

In parallel with its corporate restructuring initiatives, Blue Gold continues to focus on the development of Standard Gold, its gold-based financial services platform.

As previously announced in October 2026, the Company completed a beta version and subsequently introduced the first internal version of the Standard Gold platform, integrating functionality designed to support USD accounts, payment capabilities and ownership of allocated physical gold.

The Company is continuing to evaluate potential banking-as-a-service providers and related banking, custody and payment infrastructure relationships that may support the platform’s future commercial operations.

These evaluations remain subject to technical, commercial and regulatory considerations. Standard Gold remains in internal development and is not currently available to the public.

Management Commentary

Kevin Clark, Executive Chairman of Blue Gold, commented:

“Our immediate priorities are to reduce our operating cost structure, address outstanding balance sheet obligations and take the steps available to us to preserve our Nasdaq listing. We recognize the importance of maintaining financial discipline during this period and are concentrating our resources on the areas of the business that we believe offer the most practical opportunities for long-term value creation.

“At the same time, we continue to advance the Standard Gold platform and evaluate banking-as-a-service relationships that could support its eventual commercialization. Our approach is to make measured progress while remaining focused on the Company’s financial and operational challenges.”

About Blue Gold Limited

Blue Gold Limited (Nasdaq: BGL) is a gold-focused company pursuing opportunities spanning gold mining, trading and financial services. Through its Standard Gold initiative, the Company is developing technology intended to connect physical gold ownership with digital financial services and payment infrastructure.

For further information, visit www.bluegoldltd.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws, including statements regarding anticipated cost reductions, restructuring activities, liquidity improvements, Nasdaq listing compliance, banking relationships and the future development or commercialization of Standard Gold.

These statements involve significant risks and uncertainties. Actual results may differ materially from those expressed or implied, including because of the Company’s financial condition, its ability to negotiate arrangements with creditors, access to capital, applicable regulatory requirements, technology development challenges and Nasdaq continued listing requirements.

There can be no assurance that any restructuring initiative, commercial relationship or planned development will be completed successfully. Readers should review the risk factors and other disclosures in the Company’s filings with the U.S. Securities and Exchange Commission.

The Company undertakes no obligation to update these statements except as required by applicable law.

kclark@bluegoldone.com 

SHENZHEN, China, Nov. 11, 2026 (GLOBE NEWSWIRE) — ZJK Industrial Co., Ltd. (NASDAQ: ZJK) (“ZJK” or the “Company”), a high-tech precision parts and hardware manufacturer serving artificial intelligence (AI) infrastructure, consumer electronics, electric vehicles, aerospace and other smart technologies, today announced that it has established a core precision component product portfolio comprising six product series for the robotics industry to meet growing market demand.

The six-product series comprise precision gear transmission components, precision linear motion components, precision transmission connectors, robotic body load-bearing components, specialty fasteners for robotic arms, and robotic elastic components. Among these, the Company’s self-developed integrated elastic flange is one of its flagship proprietary products. The flange features a hollowed-out, integrated structure designed to provide preload backlash elimination, impact buffering, thermal deformation compensation and overload protection, helping reduce robotic joint vibration and improve operational stability.

These products are suitable for collaborative robots, heavy-duty industrial manipulators, humanoid robots and a wide range of automation modules. The Company can support bulk supply of components for standard robot models, and custom development of special-shaped and non-standard components for humanoid robot research and development based on client requirements. The Company is currently working with e-commerce logistics enterprises in China and the U.S. as well as a humanoid robot manufacturer, to advance the R&D and testing of metal structural components for applications including robotic vacuum cleaners, logistics robots, heavy-duty industrial robotic arms and humanoid robots.

Driven by ongoing breakthroughs in embodied‑intelligence algorithms and the global push for industrial automation, demand for collaborative robots, heavy-duty industrial arms and humanoid robots continues to expand. Metal structural and transmission components forming the physical foundation of robotic hardware directly affect positioning accuracy, motion smoothness, load capacity and equipment service life. For commercial-grade robots to operate reliably, upstream component suppliers must meet increasingly stringent requirements in material performance, machining precision and mass-production consistency. To address complex robotic operating conditions, ZJK uses specialty steels and aviation-grade aluminum alloys, supported by in-house manufacturing capabilities covering quenching and carburizing heat treatment, five-axis computer numerical control (CNC) precision machining and stress-relief processing. Component machining precision can reach IT6–IT9 tolerance grades.

ZJK’s management stated, “A mature upstream precision component supply chain is critical to the continued development of the robotics industry. We believe that the robotics industry represents a potential growth opportunity for ZJK. We will continue to iterate on our products and manufacturing processes in response to evolving market demands, deepen collaborative R&D with robot manufacturers, and expand our presence in the global robotics precision components market to support the development of this business.”

About ZJK Industrial Co., Ltd.
ZJK Industrial Co., Ltd. is a high-tech precision parts and hardware manufacturer serving artificial intelligence (AI) infrastructure, consumer electronics, electric vehicles, aerospace and other smart technologies. With over 15 years in the precision metal parts manufacturing industry, the Company maintains a skilled professional team, a series of highly automated and precision manufacturing equipment, a stable and diversified customer base, and comprehensive quality management systems. ZJK mainly offers standard screws, precision screws and nuts, high-strength bolts and nuts, turning parts, stamping parts and Computer Numerical Control (CNC) machining parts, CNC milling parts, high precision structural components, Surface Mounting Technology (SMT) for miniature parts packaging, and technology service for research and development from a professional engineering team. For more information, please visit the Company’s website at https://ir.zjk-industrial.com/.

Forward-Looking Statements
Certain statements in this announcement are forward-looking statements. These statements include the Company’s expectations regarding demand for robotics components, its plans to develop its robotics component portfolio, advance collaborative research and development and expand its presence in the robotics market, and the potential contribution of this business to the Company’s future growth.. 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. Relevant risks and uncertainties include changes in demand for robotics components; the Company’s ability to successfully complete product development, testing and customer qualification processes; whether R&D collaborations result in commercial orders; and the Company’s ability to meet customer specifications, scale production and achieve commercially viable margins. Investors can find many (but not all) of these statements by the use of words such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “likely to,” “propose” or other similar expressions in this announcement. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring 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 its future results in the Company’s filings with the U.S. Securities and Exchange Commission.

For more information, please contact:

ZJK Industrial Co., Ltd.
Phone: +86-755-28341175
Email: ir@zjk-industrial.com

The Blueshirt Group Asia
Feifei Shen
Phone: +86-134-66566136
Email: feifei@blueshirtgroup.co

EMERYVILLE, Calif., Nov. 11, 2026 (GLOBE NEWSWIRE) — Metagenomi Therapeutics, Inc. (Nasdaq: MGX) (the “Company”), an in vivo genome editing company capitalizing on its proprietary technologies to create curative genetic medicines for patients, today announced that Jian Irish, Ph.D., M.B.A., President and Chief Executive Officer of the Company, will participate in a fireside chat at the Jefferies Global Healthcare Conference, being held in London, UK, on Wednesday, November 18, 2026, at 12:00 p.m. ET.

A live webcast of the event will be made available on the “News & Events” page in the Investors section of the Company’s website at https://ir.metagenomi.co/news-events/events.

About Metagenomi Therapeutics

Metagenomi Therapeutics, Inc. is an in vivo genome editing company capitalizing on its proprietary technologies to create curative genetic medicines for patients. The Company was founded on the science of metagenomics, the study of genetic materials recovered from the natural environment, to discover and develop a suite of novel CRISPR gene-editing tools potentially capable of correcting any type of genetic mutation found anywhere in the human genome. The Company focuses on high value programs in disease indications with well-understood biology and clearly defined clinical development and regulatory pathways. Going forward, the Company intends to continue to expand its pipeline by leveraging its proprietary genetic editing capabilities in site specific deletion, insertion and correction.

MGX-001, the Company’s lead, wholly-owned development program in hemophilia A, has demonstrated a preclinical profile with best-in-class treatment potential, including targeted genome editing and durable gene expression in a one-time treatment. MGX-001 is designed to provide curative, life-long protection from bleeding events and joint damage in adults and children, potentially enabling a new standard of care for the treatment of hemophilia A. The Company is also currently pursuing indications leveraging the MGX-001 site-specific genome integration system and partnered assets targeting cardiometabolic diseases. For more information, please visit https://metagenomi.co/.

Investor Contact:
Brian Ritchie
LifeSci Advisors
britchie@lifesciadvisors.com

SAN DIEGO, Nov. 11, 2026 (GLOBE NEWSWIRE) — aTyr Pharma, Inc. (Nasdaq: ATYR), a clinical stage biotechnology company engaged in the discovery and development of first-in-class medicines from its proprietary tRNA synthetase platform, today announced that the company will participate in two upcoming investor conferences scheduled to take place in November and December 2026.

Details of the conferences appear below:

Conference: 2026 Jefferies Global Healthcare Conference in London
Date: Tuesday, November 17 and Wednesday, November 18, 2026
Location: London, UK
Format: 1×1 Investor Meetings

Conference: Piper Sandler 38^th Annual Healthcare Conference
Date: Thursday, December 3, 2026
Time: 2:00pm ET
Location: New York, NY
Format: Fireside Chat
Speaker: Sanjay S. Shukla, M.D., M.S., President and Chief Executive Officer

In addition to the fireside chat, company management will be available to participate in one-on-one meetings with investors who are registered attendees of the Piper conference. A webcast of the Piper event will be available on the Investor’s section of the company’s website at www.atyrpharma.com. Following the event, a replay of the presentation will be available on the aTyr website for at least 90 days. For more information, contact investorrelations@atyrpharma.com.

About aTyr

aTyr is a clinical stage biotechnology company leveraging evolutionary intelligence to translate tRNA synthetase biology into new therapies for fibrosis and inflammation. tRNA synthetases are ancient, essential proteins that have evolved novel domains that regulate diverse pathways extracellularly in humans. aTyr’s discovery platform is focused on unlocking hidden therapeutic intervention points by uncovering signaling pathways driven by its proprietary library of domains derived from all 20 tRNA synthetases. aTyr’s lead therapeutic candidate is efzofitimod, a novel biologic immunomodulator in clinical development for the treatment of interstitial lung disease, a group of immune-mediated disorders that can cause inflammation and progressive fibrosis, or scarring, of the lungs. For more information, please visit www.atyrpharma.com.

Contact:

Ashlee Dunston

Investor Relations and Public Affairs

adunston@atyrpharma.com

• Rocket Doctor’s primary care physicians and specialists will expand the telehealth options available through the Altais network.
• The relationship supports Altais’ growing network of in-person and virtual care across California and beyond.
• The organizations will participate together at the In-N-Out Burger NHRA Finals in Southern California Nov. 13–15.

VANCOUVER, British Columbia, Nov. 11, 2026 (GLOBE NEWSWIRE) — Rocket Doctor AI Inc.(CSE: AIDR, OTC: AIRDF, Frankfurt: 939)  (“Rocket Doctor AI” or the “Company”)  today announced that Rocket Doctor Practice Group, P.C. (“Rocket Doctor Practice Group”) has joined the Altais network, adding telehealth providers who will expand access to primary and specialty care for eligible patients in California.

The relationship supports Altais’ vision for a growing, connected network that gives patients access to care through both in-person and virtual visits. Rocket Doctor’s participating primary care physicians and specialists will complement the network’s existing providers, giving patients more doctors to choose from and additional ways to receive care.

“Altais is building a connected network of care across California and beyond, with the goal of making high-quality care more accessible,” said Nishant Anand, MD, CEO of Altais. “Welcoming Rocket Doctor’s telehealth providers expands that network and gives patients more options for primary and specialty care. This is how we put our vision into practice: growing a network that connects more people with the care they need.”

Adding specialists to the network is intended to help reduce appointment wait times by increasing physician availability and offering virtual visits for appropriate specialty care. Telehealth can also help patients connect with a physician without traveling to an office, while in-person visits remain available through the network when needed.

Rocket Doctor’s primary care physicians provide preventive care and help patients manage ongoing health needs. Its specialists offer consultations for care that can be appropriately delivered through telehealth. Together, these services broaden the options available to patients seeking routine care, support for chronic conditions or a specialist’s evaluation.

“Joining the Altais network gives our primary care physicians and specialists an opportunity to serve more patients,” said William Cherniak, MD, co-founder and CEO of Rocket Doctor Inc. “By bringing our telehealth capabilities into Altais’ network, we can help expand the choices available to patients and make virtual care a practical option for more of their healthcare needs.”

The organizations will also participate together on November 13th – 15th at the In-N-Out Burger NHRA Finals, a National Hot Rod Association event at In-N-Out Burger Pomona Dragstrip in Pomona, California. Their participation reflects a shared commitment to community engagement in Southern California.

Rocket Doctor Practice Group is an affiliated professional corporation through which certain medical services are delivered in North America. The Company holds no direct or indirect equity interest in Rocket Doctor Practice Group and has management control under a management service agreement.

About Altais

Altais is a clinical services company dedicated to transforming healthcare delivery by supporting physicians and care teams with the tools, technology and infrastructure needed to succeed in value-based care. Through its partnerships across the healthcare ecosystem, Altais works to improve quality, reduce total cost of care and enhance the patient and provider experience.

About Rocket Doctor AI Inc.

Rocket Doctor AI Inc. delivers physician-built, AI-powered solutions designed to make high-quality healthcare accessible throughout the entire patient journey. A cornerstone of the company’s proprietary technology is the Global Library of Medicine (GLM), a clinically validated decision support system developed with input from hundreds of physicians worldwide.

Alongside the GLM is Rocket Doctor Inc, and its AI-powered digital health platform and marketplace. Having helped empower over 350 MDs to provide care to more than 800,000 patient visits, our proprietary technology software and systems enable doctors to independently launch and manage their own virtual or hybrid in-person practices – improving efficiency, restoring autonomy to MDs, and expanding patient access to care.

By reducing administrative burdens and ensuring greater consistency in care, our technology creates more time for meaningful physician-patient interactions. We are committed to reaching underserved, rural, and remote communities in Canada who often lack access to family doctors and supporting patients on Medicaid and Medicare in the United States. With advanced AI, large language models, and connected medical devices, Rocket Doctor AI is redefining modern healthcare – making it more scalable, equitable, and patient-centered.

To learn more about Rocket Doctor AI Inc’s products and services, contact:

www.rocketdoctor.ai  or email: info@rocketdoctor.ai

FOR ADDITIONAL INFORMATION, CONTACT:

Dr. Essam Hamza, CEO, Rocket Doctor AI
essam.hamza@rocketdoctor.ai

Dr. Bill Cherniak, Founder & CEO, Rocket Doctor Inc.
bill@rocketdoctor.io

For media inquiries, contact: media@rocketdoctor.ai
Call: +1 (778) 819 8321

Cautionary Statements

This news release contains forward-looking statements relating to the future operations of Rocket Doctor AI Inc. and other statements that are not historical facts. Forward-looking statements are often identified by terms such as “will,” “may,” “should,” “anticipate,” “expects,” and similar expressions. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding anticipated benefits of healthcare network relationships, including the Altais network; the expansion of primary, specialty and virtual care services; improved patient access to care; planned collaborative activities; and the future plans and objectives of Rocket Doctor AI Inc., are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Rocket Doctor AI Inc.’s expectations include the failure to realize the anticipated benefits of healthcare network relationships or service expansion, changes in regulatory requirements applicable to healthcare services and value-based care reimbursement in applicable U.S. states or Canadian provinces, changes in the competitive landscape for digital health services, changes in reimbursement structures or payer policies affecting value-based care arrangements, and other risks detailed from time to time in the filings made by Rocket Doctor AI Inc. with securities regulators.

The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Rocket Doctor AI Inc. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Rocket Doctor AI Inc. will only update or revise publicly the included forward-looking statements as expressly required by Canadian securities law.